Travel salaries fall to 14-month low
Travel wages fell to a 14-month low in December, according to the latest figures from recruitment firm C&M.
The average new role came with a salary of £24,628 last month, down by 2.23% from December 2016 and the lowest monthly figure since October 2016.
There was an even bigger fall for standard travel wages (those paying below £40,000) with a 6.92% monthly dip to £21,805, which was also down by 3.53% annually.
But according to the data from C&M Travel Recruitment and C&M Executive Recruitment, December was a strong month for executive roles (those paying above £40,000) with the average wage reaching £57,530, the fourth highest total of the year.
Across the regions it was a mixed picture, with travel salaries increasing by 3.48% in London and staying steady in the south of the UK, with just a 0.79% fall to £27,197.
In the north, wages fell by 4.46% to £22,280 but this follows two very strong months with growth of 4.34% in October and 5.72% in November.
December was once again the quietest month of the year for both new candidate registrations and vacancies, but new vacancy numbers rose by 12% from December 2016.
The number of new candidates fell by just 2%, the first year-on-year monthly fall in 2017.
"December is always the quietest month of the year for travel recruitment and, while last month was no exception, we still saw a very welcome jump in new jobs being made available compared to the previous December," said Barbara Kolosinska, director at both firms.
"2017 was an exceptionally busy year for C&M Travel Recruitment and the early figures from January suggest that this year will continue in much the same way – here’s hoping for an even busier 2018!"
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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