As costs soared, travel agents saw the largest wage increases

 As costs soared, travel agents saw the largest wage increases

 

Official data indicates that the largest annual pay increase last year was recorded by travel agents, who had a 21% increase. Public relations directors and publicans followed in order of preference.

 

The biggest decline was among sports coaches, and overall, UK workers' wages could not keep up with inflation.

 

In April 2023, the average salary for a full-time worker was close to £35,000, a 5.8% rise from the year before.

 

Recuperate from COVID

Public relations and travel agency positions performed better than usual, but this was probably a recovery after the harsh effects of the COVID-19 pandemic.

 

Additionally, their average yearly salary remained lower than the national average for all occupations.

"The travel industry was by far the worst affected during the pandemic," stated Sean Tipton, a representative of the travel agent trade association ABTA. Business collapsed upon the ground. More than 100,000 workers quit the tourism industry."

 

Companies provided greater rates since there was a labor shortage in the business when demand from vacationers increased again, he added. Increased reservations meant they could afford to pay more.

 

The largest pay increases went to travel agents, whose average salary increased by more than a fifth to about £29,600, still less than the £35,000 national average.

 

Directors, publicans, and public relations directors have all seen wage increases of greater than 15%.

 

However, certain jobs did not fare as well. Even before taking inflation into consideration, tax agents, interior designers, and delivery workers have seen significant salary reductions.

 

These data offer a more detailed picture of the labor market, even if they are less current than the ONS's most recent salary estimates.

 

In the year ending in March 2023, the average salary for a full-time worker in the UK was £34,963, an increase of around £1,900 or 5.8% over the previous year. The hourly salary gain was the most since similar data went back in 1997, albeit it probably wasn't as great as it was in other previous eras, including the 1970s.

 

However, the rate of inflation, or how much the cost of goods and services has climbed, was 7.8% higher from April to April of the previous year.