Travel Vacancies Slow In Summer But London Salaries Soar
C&M Travel Recruitment and C&M Executive Recruitment's Travel Salary Index – August 2018
By: C&M Travel Recruitment
C&M Travel Recruitment and C&M Executive Recruitment's
Travel Salary Index – August 2018
• Salaries fall back in August but remain up year-on-year
• London travel wages break through £30,000 barrier for first time
• Late summer holidays hit vacancy and candidate numbers
Salaries ease in August
A summer slowdown hit the travel recruitment market in August with salaries falling by nearly four per cent from the previous month, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed all new vacancies registered with the companies during the month.
The average new travel job now comes with a wage of £26,597 which was down 3.63 per cent from July but remained up by 0.95 per cent from last August. Average salaries also remained up by a healthy 3.26 per cent in the rolling 12 month average.
It was a much more positive month for wages in the capital with the average new travel job in London now paying more than £30,000 for the first time. With a figure of £30,508, average salaries have risen to top the previous high of £29,939 which was set in April 2016.
It was also a memorable month for travel wages in the north of the UK which reached their highest level since October 2012 after a 0.78 per cent monthly rise to hit £24,075, however a lack of higher paid executive placements led to the overall fall in average salaries.
Slow month for vacancies
The late summer holiday period had a clear impact on the recruitment market last month with the number of new travel jobs falling by 15 per cent from July and a troubling 27 per cent from August 2017. The outlook was slightly better for candidates, with a 2 per cent increase in registrations from July 2018 although the total remained down compared to the same month last year.
Speaking about the stats, Barbara Kolosinska, Director at C&M Travel Recruitment (http://www.candm.co.uk/
All figures are drawn from the salaries of the month's new vacancies advertised with C&M Travel Recruitment and C&M Executive Recruitment.
C&M Travel Recruitment was established in 1998 and is the largest and most successful specialist travel recruitment company in the UK.
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