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Travel wages reach record high
August was a bumper month for travel recruitment with standard wages reaching a new high, while there were also record monthly totals for both vacancy and candidate numbers, according to the latest Travel Salary Index.
The Index, compiled by C&M Travel Recruitment and C&M Executive Recruitment, reveals the average wage for a ‘standard’ job (those paying up to £40,000) broke through the £24,000 barrier for the first time, to reach £24,051.
The figure was up by 6.33% from the previous month and by 10% from the same month last year.
It was also an exceptional month for salaries in the north of the UK, with typical wages jumping by 6% to reach £23,650 – their highest level since October 2012. Southern salaries also jumped to their highest point since April 2016.
Overall, the average new travel job offered a salary of £26,348 in August which was the highest total since January 2016 and was up 1% from July 2017.
August defied the traditional late summer holiday period and produced the best figures ever seen for the month.
The number of new vacancies created in August jumped by 28% from July, which is the first increase ever seen during the month.
Compared to August 2016, the number of new vacancies created last month rose by more than 50% while there was a 39% increase in candidate registrations.
C&M director Barbara Kolosinska said: "With the exception of December, August is usually the quietest month of the year by some distance, but that certainly wasn’t the case in 2017 – this was the busiest August we’ve ever seen.
"We always experience a dip in new vacancies from July, but this year the number of new jobs created in August not only increased from the previous month, but did so by 28%.
"With salaries also jumping to record highs, the industry is now in a fantastic place, with large numbers of candidates being able to search through a range of great roles offering attractive salaries."
Lisa
Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.
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