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June saw the biggest rise in travel sector salaries for more than a year after three months of minimal movement, new research reveals.
The increase of 4.07% was the largest since May 2014 and means that the typical new travel role now pays an average of £25,873.
Last month saw a rise in salaries across the board, with executive pay increasing to the highest level since last December, while pay for new standard travel jobs – those paying up to £40,000 – increased at its fastest rate since last October.
Underlining the positive figures, the three-month average salary of £25,167 has now risen annually for the past nine consecutive months, according to the latest travel salary index from C&M Travel Recruitment and C&M Executive Recruitment.
Director Barbara Kolosinska, said: “Average salaries rose by more than £1,000 in June to reach a new yearly high, with wages increasing all across the country from north to south – what a great month to be looking for a new job in the travel industry.
“Looking more closely, the biggest rises were seen in London and the south-west, while there were also very healthy salary increases for both standard travel roles and executive positions.”
The number of new jobs being made available by travel companies were also on the increase, with the biggest rise since January.
However, although candidate registrations were up marginally, the number of new applicants has now fallen for the past three months after increasing for the previous seven months straight.
“The summer period is inevitably a traditionally quiet time for candidate registrations, so last month’s relatively weak figures are no reason to be concerned,” said Kolosinska.
“Much more positive is the double-digit increase in new available vacancies. With many new jobs being created and candidate numbers remaining relatively static, this obviously means there are now great opportunities available for the right applicants.”