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Travel industry news

20 Jun 2019

BY Gary Noakes

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Travel salaries fall in May, but underlying trend is upwards

Average travel salaries fell last month, but the trend is still upwards, according to recruitment firm C&M’s latest Travel Salary Index.

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Salaries for new travel vacancies dip in May

Average pay rates from the agency’s new vacancies fell 1.5% to £27,956 in May compared with the previous month. However, C&M found the rolling 12-month average had risen 5.78%.

 

C&M said the increase was “helped by a strong monthly increase in salaries for executive travel jobs (those paying £40,000 and above)”.

 

It added: “Meanwhile, standard travel salaries (those paying below £40,000) fell back by 5.65% to £24,296 in May. However, this was 1% above the same month in 2018 and was up by a very strong 7% on the rolling 12-month average."

 

Vacancies are at their highest numbers since January and candidate volumes the biggest since February, C&M said.

 

It concluded: “Despite remaining down year-on-year, the number of new vacancies rebounded strongly from last month’s falls, with a 19% increase in May, while there was also a 10% monthly rise in new candidates registering their interest in finding a new travel job.”

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