POSITIVE SIGNS FOR TRAVEL INDUSTRY AS SALARIES RISE AGAIN
C&M Recruitment Consultancy and Chisholm & Moore Executive Recruitment’s Travel Salary Index - April 2013
Average travel job salaries increase by 1.4 per cent in April and nearly 15 per cent annually
April’s average salary is just £140 short of index’s record high
Three-month average shows more gentle rise of 0.3 per cent
Number of new candidates and vacancies both also rise in April
Travel job salaries rebound in April
After last month’s slight fall, travel job salaries rebounded strongly in April to rise by 1.44 per cent in the month, according to the latest Travel Salary Index from C&M Recruitment Consultancy (http://www.candm.co.uk/) and Chisholm & Moore Executive Recruitment (http://www.chisholmandmoore.co.uk/).
The figures, which were drawn from all new vacancies registered at the companies in the month, marked a recovery after the 1.93 per cent fall seen in March. The rise means that April’s figure of £27,172 is just £140 short of the £27,312 total seen in February 2013, which marked the index’s highest average since its records began in 2010.
The annual change in travel job salaries was even more pronounced with a 14.97 per cent rise, although the three-month average figures (which commonly produce a more reliable indicator of recent trends) showed gentler rises of 0.34 per cent in the month and 8.06 per cent in the year.
Commenting on the figures, Barbara Kolosinska, sales director at C&M Recruitment Consultancy, said: “This can only be seen as great news for travel employees. While there may not be as many jobs available now as before the recession, the positions that are vacant are offering a far improved salary. Anyone who manages to secure a new travel job in the near future should reap the benefits of the more generous salaries currently being provided by travel companies.”
More candidates, more jobs
In further positive news for the travel industry, the number of new vacancies increased in April by a huge 19.4 per cent, although this was still down annually, while the number of new candidates registering their interest in travel jobs rose by 3.35 per cent to reach its highest level in over a year.
“April’s rise in both new vacancies and new candidates can only be seen as a positive indicator for the travel industry. It still remains too early to state that the sector has recovered from the economic problems of recent years, but all signs point to the industry being on the right track,” said Ms Kolosinska.
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All figures are drawn from the salaries of the month’s new vacancies advertised with C&M Recruitment Consultancy and Chisholm & Moore Executive Recruitment.
C&M Recruitment Consultancy was established in 1998 and is the largest and most successful specialist travel recruitment company in the UK.
For further information please contact: Owen Mckeon (content manager - 0161 871 0396 / owen@candmrecruitment.co.uk) or Barbara Kolosinska (sales director - 07507 602 069 / barbara@candm.co.uk).
