Travel Salary Index - September 2017
Travel Job Seekers Hit New Record High As Salaries Soar
C&M Travel Recruitment and C&M Executive Recruitment’s
- Number of new travel candidates hits new high
- Average salaries rise to highest point since February 2013
- North-south wage gap reaches widest point in five years
Record month for candidates
Competition in the travel jobs market is at a record high as more new candidates searched for roles in September than in any month since the C&M Travel Salary Index began. After the previous benchmark was set in March 2012, the record lasted for five years until March 2017 before being broken again just six months later. Indicating the health of the current market, candidate numbers have now increased year-on-year in every month of 2017.
The latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment also found that the number of new travel jobs being made available increased by 23 per cent compared to September 2016 and by 14 per cent from August 2017.
Five-year high for salaries
The average new travel job now comes with a pay packet of £27,203 which is up 3.25 per cent from August and is the first time that salaries have topped £27,000 since February 2013. The figure means wages have risen 8.93 per cent since last September.
It was also a great month for executive salaries (roles paying £40,000 and above) which reached their highest point since December 2014, and southern wages which hit £28,755 – their highest level since April 2016. However, a fall in northern wages meant that the north-south gap widened to £7,614, which is the largest difference in salary since March 2012.
Analysing the stats, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “Activity is booming in the travel recruitment market with more candidates searching for roles than we have ever seen before. While this means that competition is increasing, there is still a massive demand for quality candidates and there are great opportunities out there for them.
“It’s also hugely encouraging to see salaries for new travel jobs rising to a near record high. This is the first time in four and a half years that average wages have topped £27,000, and with salaries like these on offer, we’re likely to see many more travel professionals entering the market to take advantage of this wage boom.”
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).