C&M Recruitment Consultancy’s Travel Salary Index – March 2013.

(TRAVPR.COM) NONE (INTERNATIONAL) - April 9th, 2013 -  

• Average travel salaries decreased by 1.93 per cent in March…
• …But increased by 1.35 per cent in the past year
• The three-month average salary was up by 3.30 per cent
• Travel workers saw starting salaries increase strongly in 2012 – up by 5.12 per cent
• The number of new travel vacancies increased by 11.54 per cent last year

Travel salaries down slightly in March…

The average salary for a new job in the travel sector decreased by 1.93 per cent to reach £26,785 in March, but still increased annually by 1.35 per cent, the latest research from C&M Recruitment Consultancy shows.

While this is the first monthly fall of the year so far, salaries have increased strongly since last December, meaning that average wages are still significantly up compared to just a few months ago. In fact, the three-month salary average (a more reliable indicator of recent trends) shows that salaries have increased by 3.30 per cent in recent months and by 4.87 per cent since last March.

Barbara Kolosinska, sales director at C&M Recruitment Consultancy, commented: “So far this year we have seen average salaries increase strongly compared to the second half of last year and these figures should provide a boost to those looking to find a new travel role. It remains to be seen if this pace of growth will continue in the coming months, but there are small signs of increasing confidence among employers.”

…But increased strongly in 2012

The figures also reveal that the average starting salary for a new job in the travel industry increased by an average of 5.12 per cent last year to reach £24,425. Although this was lower than 2011’s annual increase of 9.77 per cent, it is still above the rate of inflation and notably higher than the 0.2 per cent average increase reported by the Office for National Statistics.

Considering March 2013’s average wage was £26,785, this confirms that the starting salaries of new jobs advertised with C&M at the beginning of this year have been significantly higher than those for equivalent positions made available at the end of 2012.

“Considering the problems facing the travel industry and the general economy in 2012, it is interesting to see that average starting salaries actually increased very positively in the travel sector last year. At C&M we also saw an 11.54 per cent increase in new travel vacancies in 2012, which further backs up the theory that the industry is set to see a positive 2013,” Ms Kolosinska added.

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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.

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).

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