TMS to conduct 2010 travel industry salary report survey

TMS Asia-Pacific CEO said the 2010 survey will be more significant than the surveys in the previous years, after following a 3-year economic inconsistency in the travel sector.

TMS formally launched on Sunday the 2010 Asia Travel/Hospitality Industry Salary Report, which is set to invite inputs from more than 8,000 workers in the travel industry, according to a TMS announcement.

CEO Andrew Chan said the 2010 survey will have even more significance than its 2008 and 2009 predecessors following what he described as a three-year economic roller coaster ride for the sector.

“While the 2008 survey was seen as having created an industry benchmark in a time of relative plenty, the 2009 report was conducted against a backdrop of huge economic conflict. The economic tide has turned again and we now find ourselves in a bullish environment where jobs that had become relatively scarce across the latter stages of 2008 and 2009 have once again become more plentiful,” Chan said.

“Our issue now, as was the case in early 2008, is that once again we find ourselves with a deficiency of readily available candidates to fill these burgeoning new roles. This obviously has immense bearing on remuneration packages with employers once again finding themselves immersed in a ‘war for talent’ and as a result, being forced to outbid each other in order to secure the best available talent in an ever-tightening corridor,” he added.

According to Chan, the primary purpose of the report is to independently assess the total remuneration packages of staff and management at all levels throughout the Asia region.

“There is no hiding the fact that while ever-strengthening light has appeared at the end of the tunnel, the regional economy is still very much in recovery mode with the travel and hospitality industry continuing to feel the effects of the global recession,” Chan said. “We are confident the end result and benefits of this survey, as in 2009, will prove equally as valuable.”

As an incentive for those taking part in this year’s survey, the recruitment specialist is offering participants the opportunity to win a 32GB Apple i-touch. Participants can easily complete the online survey which is readily accessible via this link.