{"id":4262,"date":"2021-08-16T15:07:50","date_gmt":"2021-08-16T15:07:50","guid":{"rendered":"https:\/\/www.bainesjewitt.co.uk\/blog\/?p=4262"},"modified":"2021-08-16T15:07:52","modified_gmt":"2021-08-16T15:07:52","slug":"staff-shortages-increased-wages-to-entice-workers-could-mean-higher-prices-for-customers","status":"publish","type":"post","link":"https:\/\/www.bainesjewitt.co.uk\/blog\/staff-shortages-increased-wages-to-entice-workers-could-mean-higher-prices-for-customers\/","title":{"rendered":"Staff shortages: increased wages to entice workers could mean higher prices for customers"},"content":{"rendered":"<p>Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters &#8211; which could mean higher prices for customers.\u00a0<!--more--><\/p>\n<p>According to recent data, four of the biggest UK restaurant chains have around 15 per cent of unfilled roles &#8211; equating to hundreds of positions. Italian Restaurant Prezzo is one of these chains.<\/p>\n<p>Its owner Cain International\u2019s Chief Executive, Jonathan Goldstein, revealed that one of Prezzo\u2019s General Managers had to assist its restaurant\u2019s chef due to the shortages.<\/p>\n<p>\u201cThis is just not sustainable over the medium term,\u201d Goldstein said.<\/p>\n<p>\u201cWe are looking at a very large and important part of the economy, which is actually enjoying a relatively strong level of demand &#8211; and with the summer holidays coming to an end and university students who have been temping over the summer leaving the workforce, the situation could get worse.\u201d<\/p>\n<p>In September and October, Prezzo is introducing a new salary and incentives package for employees. But, Goldstein warns that if wage inflation increases between five and 10 per cent, this will cause prices to surge.<\/p>\n<p>Additionally, an upmarket steakhouse chain &#8211; Hawksmoor &#8211; reveals they face employee shortages of around 10 per cent.<\/p>\n<p>To resolve this issue, the restaurant offered \u00a32,000 bonuses to employees who recommend workers to Hawksmoor.<\/p>\n<p>The Co-Founder, Will Beckett, says he wants the Government to turn the immigration tap back on to fill labour gaps.<\/p>\n<p>\u201cYou would have thought that a fairly good answer on the back of a global pandemic which has been unbelievably expensive is a thriving economy,\u201d he said, but it was \u201cbeing hamstrung by a lack of people at work\u201d.<\/p>\n<p><strong>For advice on related matters, please contact our team today.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters &#8211; which could mean higher prices for customers.\u00a0<\/p>\n","protected":false},"author":2,"featured_media":4264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30,56,31,60,112,106,97,46,88,89,98,107,36],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4262"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4262"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4262\/revisions"}],"predecessor-version":[{"id":4263,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4262\/revisions\/4263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media\/4264"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}