Travel Salary Index – August 2013
Average Travel Salaries Rise In August
C&M Travel Recruitment and C&M Executive Recruitment's
Travel Salary Index - August 2013
- Average travel job salaries increase compared to both previous month and year
- Three-month average figure remains steady in August
- Small falls in new candidate registrations and travel vacancies
Strong annual increase for travel salaries
In encouraging news for the industry, the average salary for a new travel job has increased compared to both the previous month and year for the first time since April.
The latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment, which studied all new vacancies registered at the companies in August 2013, found that the average new travel role paid £24,787, which marked a 0.92 per cent increase compared to July and a more impressive 3.53 per cent rise from the level seen in August 2012.
Even more positively, the three-month average figure, which is a more reliable indicator of trends, only fell by a very slim 0.52 per cent (or £128) compared to July and increased by 1.60 per cent annually.
Analysing the figures, Barbara Kolosinska, sales director at C&M Travel Recruitment, said: "This marks the second consecutive monthly rise in travel job salaries, which hopefully means that the falls we saw at the start of the summer were a temporary blip.
"Salaries often seem to dip in the summer months, so to have seen consecutive increases in July and August is an extremely encouraging indicator for the usually more buoyant autumn season."
Vacancy and candidate numbers dip
August saw a small monthly dip in both the number of new candidates registering with C&M Travel Recruitment and C&M Executive Recruitment and the number of new job vacancies advertised at the companies. However, there was a significant annual increase in the number of candidate registrations in the month, while the amount of vacancies remained relatively static compared to August 2012.
Ms Kolosinska added: "The summer lull in the jobs market is hopefully coming to an end now that September is here and people have arrived back from their holidays. Many people's attentions will now return to their careers and we expect to see increases in both the number of new applicants and vacancies in the next few months."
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 Recruitment Consultancy 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 (sales director - 07507 602 069 / firstname.lastname@example.org).