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Management

GBTA: Travel Buyer Compensation On The Rise

By Amanda Metcalf / September 30, 2015 / Contact Reporter
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Travel buyers' average compensation has risen 5 percent since summer 2014, to $110,000, and their satisfaction with salary and benefits lifted with the tide. Median income rose 6 percent to $103,000.

The findings come from the Global Business Travel Association, which surveyed 285 U.S. buyers between June 24 and July 16, and appeared in its 2015 Compensation and Benefits study, revealed today. The research asked buyers to compare their 2015 salaries to their 2014 earnings.

BTN's 2015 Travel Manager Salary & Attitude Survey, released in July, also recorded a 5 percent year-over-year compensation increase, to an average of $114,769.

GBTA reports that those who hold its GTP Certification earn 8 percent more. Otherwise, average salary rises in proportion to the company's travel spend, though there's a 30 percent jump within companies that spend less than $10 million and those that spend $10 million to almost $50 million. Buyers who work at the smaller-spend companies make an average of $82,000 compared with those in the next tier, who average $117,000.

Buyers at for-profit companies earn $111,000, compared to nonprofit buyers' $95,000. Those who live in the Northeast average $118,000, and those in the West take in $114,000. The Midwest falls in at $105,000, and buyers living in the South earn $96,000 on average.

Salary and benefit satisfaction stayed stagnant from 2010 to 2013. It lurched from 63 percent in 2013 to 72 percent in 2014 and made another strong jump to 77 percent this year.

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