19-07-2018

Travel Salary Index - June 2018

Records Tumble In Huge Month For Travel Salaries
C&M Travel Recruitment and C&M Executive Recruitment’s
Travel Salary Index – June 2018
View the full monthly survey here

C&M Travel Salary Index - June 2018
  • Average travel salaries break through £28,000 barrier for first time…
  • …while standard travel wages also set new record high
  • Southern travel pay reaches new record for second month in a row
  • But vacancy and candidate numbers both fall

Records, records, records…

Multiple records were set in an historic month for travel salaries which saw wages jump 9.2 per cent to break through the £28,000 barrier for the first time, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed all new vacancies registered with the companies during the month.

The average new travel job now comes with a salary of £28,014, breaking the previous high of £27,312 set in February 2013. In addition, wages for standard travel jobs (those paying up to £40,000) also set a new record with an average of £26,099 in June to quickly top March 2018’s previous high of £25,139.

It was also a record month for travel salaries in the south of the UK which set a new high for the second month in a row with an average of £29,026.

Slower month for applications

Excluding the always quiet month of December, June 2018 had the lowest number of new monthly registrations since November 2016. However, it has still been an exceptionally busy start to 2018 for jobseekers, with more new candidates searching for roles in the first six of the months of the year than at any point since at least 2011. 

Meanwhile, vacancies also slowed in June and fell by 22 per cent from May to record the lowest number of new openings so far this year.

Speaking about the stats, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “June was a truly great month for travel job seekers as they saw average salaries jumping by a huge 9.2 per cent – or more than £2,300! Wages for new roles are now at an all-time high so it is clearly a great time to get back into the market or assess your current situation.

“It was also an outstanding month salary-wise for Travel Consultant or Business Travel Consultant jobs, with pay for the typical non-executive travel role rising by 13.5 per cent compared to last June to set yet another record.

“On the other hand, we saw an unusually large decrease in the number of both vacancies and candidates last month, and while the glorious weather and the World Cup will inevitably have accounted for some of this impact, it is still an area that we will be keeping a close eye on as the summer continues.”

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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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