NBTA Foundation Salary Survey Shows Companies Value Travel Managers
Alexandria, VA (November 28, 2007) -- The NBTA Foundation, the education and research foundation of the National Business Travel Association (NBTA), today provided NBTA members a report that allows individual travel managers to compare their compensation levels and benefits to those of their peers. The 2007 Travel Management Compensation and Benefits Survey, based on the responses of 232 United States-based corporate travel managers, shows the average total compensation of respondents, including salary, bonus and commission, is 3.3 percent higher than last year at $91,059.
NBTA Foundation Chair Ellen Keszler said, “The NBTA Foundation Salary Survey have shown increases in travel manager salaries each year, demonstrating that companies continue to value the contributions of travel managers toward meeting corporate goals.”
The average year-over-year salary increase among respondents varied by job title:
Vice Presidents saw an average increase of 18.4 percent to $159,325
Directors, a 1.1% increase to $123,882
Managers, a 4.8% increase to $88,354
Supervisors, an 8.3% increase to $75,717
Coordinators/Specialists, a 24.5% increase to $58,765
Average compensation showed a clear correlation to sales volume of the employing company, with total compensation (includes salary, bonus and commission) tending to increase with increasing company sales volumes. Respondents working for companies with annual sales of more than $5 billion made 47 percent more on average than those working for companies with less than $100 million in sales:
|
Company Annual Sales Volume |
Respondents’ Average Total Compensation |
|
More than $5 billion |
$114,775 |
|
$1 to $5 billion |
$97,158 |
|
$100 million to $1 billion |
$86,440 |
|
Less than $100 million |
$78,118 |
The report provides data on respondents’ gender, job titles, professional certifications, years of experience, and more. NBTA members can access the complete report via www.nbtafoundation.org/research. Members of the media can obtain the report by contacting pr@nbta.org.
The NBTA Foundation is the education and research foundation of the National Business Travel Association (NBTA). The foundation was established in 1997 to support NBTA’s members and the industry as a whole. As the leading education and research foundation in the business travel industry, the NBTA Foundation seeks to fund initiatives to advance the business travel profession. The foundation offers the only master’s-level accredited course and professional designation for the corporate travel professional, the Global Leadership Professional (GLP) program, in partnership with The Wharton School. The industry’s leading benchmarking resource – the Managed Travel Index® (MTI) & Benchmarking Tool – is offered by the foundation. The NBTA Foundation is a 501(c)(3) nonprofit organization. For more information, see www.nbtafoundation.org.