Average travel salaries rebound ‘in a big way’
Salaries for new standard travel jobs rebounded in a big way in November, according to the latest figures from C&M Travel Recruitment and C&M Executive Recruitment.
After four months of successive falls, there was a 7.57% rise in standard travel job wages (those paying up to £40,000) to £25,789, the second highest figure since the index began in 2012.
Salaries have also increased by an impressive 6.39% on the rolling 12-month average and by more than 10% when compared with November 2017.
Overall, average travel wages edged up by 0.84% in November to £27,253, up 8.46% from the same month last year and 3.46% on a rolling 12-month average.
Meanwhile, the number of new candidates searching for new travel jobs fell 9% compared to November 2017 but the number of new jobs in the travel industry rose by 21%.
"It’s been a strong year for travel salaries and with just one month to go it looks like 2018 will set new records for wages in the industry," said Barbara Kolosinska, director of both companies.
"The 7.6% monthly rise in pay for standard travel jobs is huge, and while we’re unlikely to see this kind of increase become a regular occurrence, it’s clear that the typical new travel role is now paying significantly more than at the same point last year."
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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