Survey reveals travel buyer profile
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| New research has shown the average travel buyer earns an annual pay package of around £60,500.
A survey carried out by the Institute of Travel and Meetings (ITM) also showed the average buyer was between 36 and 45 years old, and has six to 10 years experience. According to the report they also work in the south-east of England, and come from a background in procurement. The research, the first-ever salary survey of travel buyers, showed the average base salary was around £50,588, while employees in the sector earned a typical bonus of £4,257, and benefits of up to £5,619. As in most industries, the average salary is brought up by a few individuals in travel jobs who earn a high amount, while there are others who fall into the £30,000 to £40,000 a year wage bracket. Simone Buckley, chief executive of the ITM, said the idea behind starting a salary survey was to allow buyers to have a set of benchmarks they could use when carrying out salary reviews. Buckley said: "The size of the company is an indicator when it comes to salaries. "The bigger the company, the more travellers and employees they will have, which means the size of travel spend and individual budget responsibility will be greater, so this is where the salaries are higher. Copyright Press Association 2012 |
