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Travel salaries dip

Tuesday, 27 November 20183 min read
Travel salaries dip

Salaries for new travel jobs in the UK fell by 4% to £27,025 in October, but remain ‘very healthy’ according to the latest Travel Salary Index.

The index, compiled by C&M Travel Recruitment and C&M Executive Recruitment, reveals salaries are up 3.9% from last October.

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 10 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 2.5%.

Average salaries for standard travel jobs (those paying up to £40,000) fell marginally by 0.64% or £155 from September, but are up by a strong 6% from last October and by 5.7% on the rolling 12-month average.

Wages for standard travel jobs have now increased year-on -year in every month of 2018.

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% 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.

C&M director Barbara Kolosinska 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 3.9% 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."