Travel Salary Index - October 2018
Travel Salaries Dip But Activity Jumps In October
C&M Travel Recruitment and C&M Executive Recruitment’s
- Travel job salaries fall 3%, but remain up by 4% year-on-year
- New candidate and job numbers see large post-summer boost
- Wages for standard travel roles up by 6% from last October
Wages remain healthy despite monthly fall
Salaries for new travel jobs in the UK fell by 2.96 per cent to £27,025 in October, but remain very healthy and are up by 3.90 per cent from last October, 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.
Despite the fall, average wages stand at their fourth highest level so far this year and have increased year-on-year in eight of the ten months of 2018 including the past five months in a row. On the rolling 12-month average, salaries for new jobs in travel are up by 2.50 per cent.
Average salaries for standard travel jobs (those paying up to £40,000) fell marginally by 0.64 per cent or £155 from September, but are up by a strong 6.00 per cent from last October and by 5.71 per cent on the rolling 12-month average. Wages for standard travel jobs have now increased year-on -year in every month of 2018.
Candidate and job activity rises post-summer
After a quiet summer, activity levels jumped in the travel recruitment market in October with impressive rises for both new candidates and vacancies.
With a 45 per cent monthly increase, the number of new job seekers rebounded to its highest level since May, while new vacancy numbers also reached their highest point since May after rising by 18 per cent.
Speaking about the stats, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “Although we saw a fall in salaries last month, the average wage for a new job in travel is still very healthy and remains up by 3.90 per cent from this time last year.
“Added to that, with wages for the typical new travel job rising year-on-year in every month of 2018 so far, there are clearly some very attractive positions available and we look set for a very busy last couple of months of the year.”
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 / firstname.lastname@example.org) or Barbara Kolosinska (Director - 07507 602 069 / email@example.com).