Travel Salary Index - August 2015
23rd September 2015
North-South Travel Salary Divide Narrows
C&M Travel Recruitment and C&M Executive Recruitment’s
Travel Salary Index – August 2015
- Northern salaries rise to yearly high, but southern wages fall in August
- Weak executive salaries lead average travel pay to fall to lowest level in 12 months
- New candidate and vacancy numbers both up strongly year-on-year
North v south
There were contrasting fortunes across the country in August with average wages for new travel jobs falling in the South but rising to a new yearly high in the north, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed all new roles registered at the companies in the month.
Wages rose by 5.91 per cent to reach an average of £22,675 in the north, but fell by 3.43 per cent in the south of the country to £25,751. The big fall in the south, coupled with the lack of top-end executive roles, meant that the average salary for a new job in travel fell by 2.54 per cent in the month to stand at £24,536. Although this remained 1.36 per cent higher than in August 2014, it was still the lowest average seen in the past 12 months.
Commenting on the figures, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “The gap between wages in the north and the south has been gradually closing over the past couple of years, but last month saw salaries narrow to their closest level in some time. Whether this trend will continue is unclear, but we are certainly seeing more travel companies looking to base some of their higher-paid positions in areas outside of London.
“Having said that, there has been a slowdown this summer in the number of top-end executive roles being made available across the county, with positions carrying salaries in excess of £70,000 being particularly rare.”
Candidate numbers rise
Defying the traditionally quiet August period, the number of candidates registering for new roles in the month actually increased at the fastest rate since January to reach its highest total in the past five months.
The number of new travel roles being made available was also considerably up compared to August 2014, although there was a small fall from the previous month.
Ms Kolosinska said: “August is usually one of the quietest months of the year for travel recruitment, but 2015 was an exception. The number of new travel jobs being created and the volume of candidates looking for new roles were both way up compared to last August, which is a very promising sign for the autumn period.”
All figures are drawn from the salaries of the month’s new vacancies advertised with C&M Travel Recruitment and C&M Executive Recruitment.
C&M Travel Recruitment was established in 1998 and is the largest and most successful specialist travel recruitment company in the UK.
For further information please contact: Owen Mckeon (Content Manager - 0161 238 4497 / email@example.com) or Barbara Kolosinska (Director - 07507 602 069 / firstname.lastname@example.org).