C&M Travel Recruitment and C&M Executive Recruitment’s Travel Salary Index – April to November 2020
December 15th, 2020 - C&M Travel Recruitment and C&M Executive Recruitment’s Travel Salary Index – April to November 2020 has been published and data shows impact on travel industry jobs in the UK. The key points from the survey are;
- Travel vacancies dip 94 per cent, but are beginning to rebound
- Candidate numbers also down by more than half
- Average salaries remain static, but pay for standard roles falls 2.78 per cent
The travel recruitment sector has been decimated by the Covid-19 pandemic, with the number of new vacancies falling by 94 per cent between April and November 2020 compared to the same months in 2019, according to the latest Travel Salary Index from C&M Travel Recruitment and C&M Executive Recruitment which surveyed all new travel jobs registered with the companies during the period.
Vacancy numbers have remained very low throughout the timeframe, with consistent falls year-on-year of at least 88 per cent each month since April. However, volumes have increased over the latest months, with the September to November period seeing twice the number of new roles than were created between April and June.
Despite the number of redundancies made within the industry this year, there has also been a large fall in the number of new candidates searching for roles. Overall, the volume of new job seekers has fallen by 53 per cent since April compared to the same timeframe last year, although there have been wide monthly fluctuations.
Candidate numbers fell by a large 75 per cent in April, 76 per cent in May and 62 per cent in June before recovering somewhat to dip a relatively light 11 per cent in July. However, this was followed by decreases of 35 per cent in August, 42 per cent in September, 65 per cent in October and 49 per cent in November.
Despite the unprecedented global events this year that resulted in drastic drops for both vacancies and job seekers, salaries for new jobs in travel have remained remarkably steady.
The average new travel job came with a wage of £28,504 between April and November 2020, which was up by 0.19 per cent (or £53) from the same months in 2019. Standard travel jobs (those paying up to £40,000) fell by 2.78 per cent during the timeframe to an average of £24,368.
Speaking about the stats, Barbara Kolosinska, Director said, "Thankfully, things appear to be improving and there are many reasons to feel increasingly positive. As well as the vaccine being rolled out, we are seeing incredibly encouraging figures from the first two weeks of December, suggesting this may become C&M's busiest month since the pandemic began.
"A substantial recovery for travel recruitment will, of course, take some time, but it does look like we will be ending the year on a somewhat positive note."
The above data and figures are drawn from the salaries of new vacancies advertised with C&M Travel Recruitment and C&M Executive Recruitment.
About The Author
Karl Sigurdsson - Senior Contributor
Karl is a senior contributor at TravelIndustryReporter.com and knows the European travel industry inside out. Karl is a freelance travel writer specialising in the European market. Karl studied at both Stockholm University and Reading University.
Contact by email
Comments