Travel Salary Index - July 2016

24th August 2016
 
North-South Travel Salary Split Emerges
C&M Travel Recruitment and C&M Executive Recruitment’s
Travel Salary Index – July 2016

C&M Travel Salary Index - July 2016

  • Northern salaries rise to highest level since January 2016…
  • …but southern wages fall to lowest point since November 2015
  • Average UK salaries dip to new 2016 low
  • Vacancy and candidate numbers both see small falls

North rises, south falls

Contrasting fortunes emerged for the travel jobs market in July with salaries rising strongly in the north and falling to a yearly low in the south, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed the month’s new vacancies.

With a monthly rise of 4.19 per cent, wages for the typical travel job in the north of the UK have risen to £22,891 - their highest point since January 2016, with Manchester leading the way. Meanwhile, the south of the country saw a small 0.38% dip, pushing average wages back to £26,396, which is their lowest total since last November.

This means that salaries in the north have risen three times in the past four months, while southern wages have dipped three times in the same period.

Overall, travel salaries fell by 1.58 per cent in July to a total of £25,399, which is the lowest figure in 2015 so far, but is still 0.89 per cent up from the same month last year. In fact, despite July’s figure falling to the lowest point since last October, it remains above the average 2015 monthly figure, which demonstrates the strength of the market so far this year.

Speaking about the figures, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “Salaries for new travel jobs in Manchester and across the rest of the north excelled in July with wages rising by an average of 4.19 per cent. This is the third rise in the past four months and it is clearly now a great time for job seekers to take advantage of the attractive salaries on offer.

“Overall, travel salaries in the UK fell last month, but this has been an exceptionally strong year so far for travel wages, with many companies continuing to increase their salaries and benefits packages in order to attract top quality candidates.”

Small falls for candidates and job numbers

Both the number of new travel jobs being made available and the number of candidates searching for roles fell slightly in July, as the summer slowdown began to kick in. With many people taking holidays in the latter half of summer, the period is traditionally one of the quietest of the year for the travel recruitment sector, but activity is expected to pick up strongly in September.

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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 / owen@candm.co.uk) or Barbara Kolosinska (Director - 07507 602 069 / barbara@candm.co.uk).

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