Travel Salary Index – May 2013
13th June 2013
NEW VACANCIES & CANDIDATES BOTH RISE, BUT SALARIES FALL
C&M Travel Recruitment and C&M Executive Recruitment's
Travel Salary Index - May 2013
- Highest number of vacancies since September 2012
- Highest number of candidates since March 2012
- Average travel salaries fall by 7.36% in May and by 0.40% annually - mainly caused by reduction in higher-paid executive roles
Travel job vacancies and candidate numbers excel in May
May provided mixed results for travel recruitment, but both the number of new job vacancies and new candidates increased impressively in the month, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment, which is based on all new vacancies registered at the companies.
In fact, May marked the highest number of new registrations from candidates for over a year (since March 2012) and was around a third higher than the 2012 average, while the number of new travel vacancies stood at its highest level since last September and was also significantly above the average figure seen in recent months.
Commenting on the figures, Barbara Kolosinska, sales director at C&M Travel Recruitment, said: "It's great to see such a large rise in the number of candidates registering for travel vacancies in May, and it's even more encouraging to see so many travel companies looking to recruit more staff.
"The second half of the year is typically busier for the travel recruitment industry, so it's a fantastic sign to see so much activity in the early summer."
Travel salaries experience first real dip of 2013
With a 7.36 per cent monthly fall, May saw the first significant dip in salaries this year. However, this decrease can largely be attributed to a monthly fall in the wage of higher-salaried executive jobs, which can be notably more volatile than other travel positions.
While May is the first month this year to see an annual fall in new travel job salaries, the reduction of 0.40 per cent is minimal and marks a dip of just £102.
"There's no denying that May's figures are disappointing when compared to the past few months, but it's worth remembering that April's figure was at a near-record high," said Ms Kolosinska.
"So far, average travel salaries in 2013 have been incredibly encouraging and there is no reason to think that the second half of the year should be any less impressive than the first."
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 871 0396 / email@example.com) or Barbara Kolosinska (sales director - 07507 602 069 / firstname.lastname@example.org).