Travel Salary Index - October 2017
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- Travel salaries fall 4.38 per cent, but are still up 6.88 per cent annually
- Southern wages fall, while northern pay rises
- Candidates and vacancy numbers both dip, but remain up from last October
Wages fall back in October
After numerous records were broken in September, the travel recruitment market eased in October with average salaries for a new job in travel falling by 4.38 per cent to stand at £26,011. However, this remained 6.88 per cent above the figure from October 2016, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed the month’s new vacancies.
There were similar results for standard travel jobs (those paying below £40,000), with wages dipping by 2.59 per cent from September to reach their lowest figure since March, but remaining 6.43 per cent above the level from last October.
Across the country, it was a strong month for new travel jobs in the north of the UK, with wages rising by 4.34 per cent to £22,058, while salaries fell in the south to their lowest level since August 2015.
Analysing the stats, Barbara Kolosinska, Director at C&M Travel Recruitment and C&M Executive Recruitment, said: “After September saw travel wages reach their highest point in four and a half years and increase to a near record, we have seen them ease back in October. However, salaries are still up 6.88 per cent year-on-year with the current travel recruitment market remaining incredibly attractive to job seekers.”
Activity remains up year-on-year
October was a slower month for the travel recruitment market than September, but activity levels remained up annually. The number of candidates registering for new travel jobs fell by 15 per cent in the month, but rose by 44 per cent from October 2016, while vacancies dipped by 15 per cent from September 2017 but increased by five per cent from last October.
“Despite the monthly dip in October, activity levels in the travel jobs market remain way up compared to last year,” said Ms Kolosinska. “In fact, year-on-year, we’ve seen the number of new candidates rise for the last 12 months in a row and the number of new vacancies rise for the last 10 months in a row! The market really is busy right now, with an abundance of great opportunities for quality applicants.”
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 / email@example.com) or Barbara Kolosinska (Director - 07507 602 069 / firstname.lastname@example.org).