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Travel salaries dip in February
Travel salaries fell in February to an average of £24,668, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment.
The 3.84% drop was the steepest monthly fall the index has seen since May 2013.
But average salaries still remain 0.33% up compared to 12 months ago.
The recruitment firm said the monthly dip was largely a result of a weak February for new standard travel roles (those offering salaries under £40,000) with pay falling by an average of 5.36% to £19,512.
Salaries fell across the country and there was a particular dip in the wages of new roles in the south of England compared to those in the north.
Meanwhile, salaries for executive travel roles (those paying £40,000 and above) saw a healthy increase in February compared to both the previous month and the previous year.
“February was a disappointing month for travel salaries with the south seeing a significant dip in average pay,” said director Barbara Kolosinska.
“However, wages for newly advertised travel jobs remain higher than this time last year. The month also saw many bright spots – most notably the increase in pay for executive roles, which has increased substantially since the beginning of 2014.”
Although average salaries dipped in February, the number of people looking for new travel jobs reached its highest level since last October and has now consistently risen year-on-year for each of the past six months.
“It’s great to see an increase in candidate registrations as this is a strong indication of the health of the whole travel industry,” said Kolosinska.
“This is typically a sign that employees are more confident about both the health of the economy and their own job security, and now feel comfortable enough to look at other opportunities to further their career.”
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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