LONDON - eTradeWire -- Travel Salaries Soar To New Record In July

C&M Travel Recruitment and C&M Executive Recruitment's Travel Salary Index – July 2019

• Average travel salaries cross £29,000 barrier
• Wages for standard new travel jobs see big monthly jump
• New candidate and vacancy numbers fall again

Sky-high salaries

The average wage for a new job in travel reached a record high last month after breaking through the £29,000 barrier for the first time, 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.

With a 3.91 per cent monthly rise, the average new travel role came with a salary of £29,286 in July, smashing the previous record figure of £28,382 which was set just three months ago in April. The rolling 12-month average stood at +4.95 per cent, meaning that the barometer has remained above +4.5 per cent every month so far in 2019.

Salaries for standard travel jobs (those paying up to £40,000) also rose by a very strong 5.81 per cent in July which is the largest month-on-month rise since last November. Meanwhile, the rolling 12-month average increased by a healthy 3.95 per cent.

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Summer affects activity

Candidate and vacancy numbers both fell once again in July, but there were more positive signs as the number of new travel jobs being made available dipped by just one per cent from June, while the number of new jobseekers fell by just half a per cent from the same month last year.

Speaking about the stats, Barbara Kolosinska, Director at C&M Travel Recruitment (http://www.candm.co.uk/) and C&M Executive Recruitment, said: "The four per cent rise in salaries is great to see and it's very encouraging for the industry because it will potentially tempt some candidates back into the market in search of these excellent pay packages. But this doesn't hide the fact that it remains a candidate-driven market with a continuing lack of quality active jobseekers.

"August always suffers from summer holiday distractions, so activity levels are likely to remain subdued in the final days of this month, but we're hopeful that we'll have a much-needed boost when September arrives."

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C&M Travel Recruitment was established in 1998 and is the largest and most successful specialist travel recruitment company in the UK.