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Reduction in executive roles subdues travel jobs market in June

UK travel industry rates of pay fell in June following two months of strong growth, latest data reveals.

The average salary for a new job in travel slipped by 2.83% over May’s levels to £25,331 and 1.84% year-on-year.

Much of the dip was attributed to a decrease in the number of executive roles paying more than £40,000 as well as a fall in pay in the north of the UK.

However, salaries in the south of the country rose by 1.80% to reach £27,498, which was also up 3.78% from last June.

Standard travel salaries paying up to £40,000 fell by 2.58% from May to £22,998, but remain 5.75% or £1,251 up from June 2016.

Despite small monthly falls, the number of new candidates and vacancies both posted double-digit year-on-year rises of 26% and 21%, respectively, according to the latest calculations by C&M Travel Recruitment and C&M Executive Recruitment.

Director Barbara Kolosinska, said: “Average travel salaries jumped above the £26,000 threshold in both April and May so it’s not too much of a surprise to see them fall back by 2.83% last month.

“However, wages for a typical new travel job have still risen by more than £1,250 in the past year, so there are clearly some very attractive salaries currently on offer for the right candidates.”

She added: “The summer holiday season usually results in a slowdown in activity towards the end of July and into August, but there are no signs of it so far.

“Happily, we’re still seeing many new travel roles being created each day as well as lots of brand new candidates registering their interest in them.”

More:

Salaries on offer for new roles in travel hit six-year high

Travel pay rises outstrip inflation – rising 4.66%

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