ITM & BTN Europe Salary Survey 2023
In 2023, European travel managers faced a tumultuous year characterised by rising travel costs, geopolitical instability, resource limitations, and content fragmentation, according to BTN Europe’s inaugural Travel Manager Salary & Job Satisfaction survey. The survey, conducted during a period of increasing job complexity and living costs, reveals a divided sentiment among travel managers regarding fair compensation.
Key findings include:
- Challenging Environment: Travel managers are navigating a difficult landscape with diverse opinions on whether they are adequately compensated.
- Regional Variations: Differences in inflation, living costs, and exchange rates across Europe affect travel managers' salaries and roles, making it difficult to use the average salary as a standard benchmark.
- No Historical Data: As the first survey of its kind, there is no previous data for comparison, making country-specific figures and the correlation between experience, program size, and remuneration more significant.
- Major Concerns: The primary challenges for travel managers include managing increasing costs and addressing the complexities of their evolving roles.
- The survey highlights the evolving role of travel managers and the diverse challenges they face in the current economic and geopolitical climate.
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