Skip to content
JL JobLabs

UK Pay Rise · Recruiter Guide

How to Ask for a Pay Rise When the Company Is Struggling

Alex By Alex · 12-year UK recruiter · Updated April 2026

When this conversation works

Strong case if you're in a critical role (revenue-driving, customer-retention, or hard-to-replace technical), have demonstrably helped the company through recent challenges, and can frame the rise as retention investment rather than cost. Some companies will grant pay rises even during struggle if losing you would cost more. The conversation works best as private, off-cycle, and after a specific contribution.

When to wait

Companies in active layoff rounds rarely grant pay rises to remaining staff — flags wrong-priority. Pay freezes that have been formally announced are rarely individually overridden. If your role isn't critical or the company has identified you as redundancy-risk, the conversation is structurally hard to win. If you've been with the company under 18 months, the case is weaker.

Recruiter-tested script

"I know things have been tight financially. I wanted to have a private conversation about my own situation. My contribution this year has included [specific high-impact outcomes — usually revenue, retention, or critical-system work]. I've been approached recently by [X] for roles at £[Y]. I'd prefer to stay; could we discuss either a pay adjustment, a retention bonus, equity refresh, or alternative compensation that reflects my contribution and reduces flight risk?"

Adapt the variables [X], [Y], [specific outcomes] to your situation. Practise out loud before the call.

Preparation steps

  1. 1 Confirm you're in a critical or hard-to-replace role
  2. 2 Document specific contributions during the difficult period
  3. 3 Have an external option you can credibly reference (recruiter outreach is enough)
  4. 4 Frame as retention investment, not entitlement
  5. 5 Consider alternatives to base salary: retention bonus, equity, sabbatical, training

Common mistakes

  • Asking publicly during company difficulty — flags poor judgement
  • Citing personal cost-of-living during company financial stress — wrong framing
  • Asking when layoff rounds are active or imminent — increases personal risk
  • Threatening to leave without genuine alternatives — gets called
  • Framing as fairness rather than contribution-to-business-value

Recruiter pro tip

The strongest move during company difficulty is framing the conversation around the cost of losing you. 'You'd spend £X recruiting and onboarding a replacement; I'm asking for £Y to stay.' That's a commercial argument managers can take to senior leadership. Pure performance framing tends to fail during financial stress; retention-cost framing sometimes succeeds because it's a different decision (continuing investment vs new spend).

Realistic outcome

Realistic outcome: usually 0-3% if granted at all. Sometimes deferred to next review cycle with informal commitment. Critical-role exceptions can produce 5-10% retention adjustments or alternative compensation (retention bonus, equity refresh). Many requests are politely refused with the suggestion to revisit next cycle.

Related pay rise scenarios

Browse all 10UK pay rise scenario guides