TravTalk Salary Survey: 77% of industry takes pay cut, 90% DMCs & B2B agents trim staff salaries

The results of the TravTalk Salary Survey 2020 have revealed that almost 77% of the industry has to opt for pay cuts to deal with the impact of COVID-19 crisis. The survey on staff salaries indicated that 90% of B2B agents and DMCs have effected pay cuts for their staff while only 67% of GSAs have chosen to cut the salaries of their staff. Around 72% of inbound companies have also implemented deductions in salaries of their employees to deal with the adverse impacts of no business in the industry. The survey was conducted anonymously (without recording any detail of the respondents) to assess and discuss the best employment practices in the industry.