Why you should ask for a pay rise now

By Neal Baldwin
25/01/2023
Home » Why you should ask for a pay rise now

If you’ve not done it already, it might be time to ask for a raise – travel salaries are officially on the up!

According to the 2022 Travel Salary Index, the ‘standard travel salary’ now stands at £28,496, up a whopping 17.36% in the last 12 months.

Meanwhile, the typical ‘executive’ pay packet is £51,721 per year – down 6.77% on 2021 and a fall of 11.72% since 2019.

The figures mean the ‘average’ wage in travel hit £30,617 last year and rose over 11%, keeping pace with the country’s inflation rate.

C&M Travel Recruitment, which produces the annual Travel Salary Index, said the results showed how the industry was recovering well after the lows of COVID-19. The firm placed almost three times the number of candidates in jobs last year than it did in the last pre-pandemic year of 2019.

Although candidate numbers were rising, C&M said there were still more vacancies on the market than could be filled, which could continue to push up wages. Meanwhile, pay in the most senior jobs was down because of a glut of mid-range role.

“Whichever we look at it, 2022 was a historic year for travel recruitment,” said Barbara Kolosinska, Managing Director at C&M Travel Recruitment.

“After suffering hugely as a result of the pandemic, we all needed 2022 to be a bumper year – and was it ever!

“Last year set numerous records for vacancies and job placements, with spring and summer 2022 being the busiest period for travel recruitment that we have ever seen in the past 25 years.

“Almost all companies in the travel industry searched for new employees last year and we’re seeing very few signs of this changing as we begin 2023.

“The last 12 months have also seen travel salaries rise to a record high with a huge 11.5% year-on-year jump.

“The shortage of talented candidates continues to be the biggest challenge, but with wages increasing and great new roles being created every day, the next year will hopefully be another extremely healthy one for travel recruitment.”

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