Travel Salary Index - November 2016
16th December 2016
Travel Salaries Rebound With Highest Monthly Rise In Four Years
C&M Travel Recruitment and C&M Executive Recruitment’s
Travel Salary Index – November 2016
- Salaries rise to highest point since April 2016
- Highest monthly rise in salaries since January 2013
- Double figure annual rise in new candidates, but vacancy numbers fall
Strong November for wages
Salaries for new jobs in the travel industry rose at their fastest pace for nearly four years in November, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed the month’s new vacancies.
The average travel job now comes with a wage of £25,955 which is up by 6.65 per cent (£1,618) from October 2016 and is the biggest monthly increase since January 2013. Salaries rose across the country in November with London wages rising to their highest point since April, Southern salaries reaching their highest level since May and Northern pay hitting its strongest mark since July.
In addition, wages for standard travel roles (those paying up to £40,000) stood at £22,973 in November, which was up 8.11 per cent from the previous month and is the highest figure since April, while wages for executive travel jobs (those paying more than £40,000) reached £57,333 – their highest point since July.
Speaking about the figures, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “November was a very strong month for wages in the travel industry with increases in all areas of the country from Brighton to London, Manchester, the West Midlands and Yorkshire.
“In particular, last month saw a large number of Business Travel Consultant placements in Manchester and the North West, and these roles are likely to continue to be attractive to top candidates seeking new positions with competitive salaries in the next few months.”
Increased candidate numbers
The month also saw a double figure annual rise in the number of candidates looking for roles in travel, although the number of new positions being made available in November dipped below last year’s levels.
“As we near Christmas and the holiday season, it’s encouraging to still see so many people searching for a new role before the end of the year,” said Ms Kolosinska. “December is typically the quietest month of the year for the travel recruitment sector, but it appears that many people will still be taking time out from the turkey to search for a new job this winter.”
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).