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Travel: you’re not in it for the money…

PAY levels in the travel industry are up
to 18% lower than other sectors, according to a new survey.

In the fifth edition of the Travel Industry Survey by
data provider Croner Reward and ABTA, all ranks of the industry fared worse
than other sectors for pay – except senior managers who are paid an average of
£50,470 – 8.3% more than in other sectors.

Commission payments have also plummeted. Last year
they averaged 8.9% of salary, this year the figure was 3.5%. 

Only half of respondents paid commission to travel
consultants, compared with three quarters last year.

Croner Reward director Vivienne Copeland said: “This
is the first time we’ve seen commission going down, but it is too early to say
whether it’s a trend.”

The survey found the average travel trade pay rise of
3% is in line with other industries. But only 79% of participants offer a
company pension scheme compared with 95% in other sectors.

The survey was based on 36 respondents, representing
5,119 employees.

 

 

 

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