Financial managers and directors: Skilled Worker visa salary

Questions about SOC 1131

What salary do financial managers and directors need for a UK Skilled Worker visa?

For a Skilled Worker visa in SOC 1131 (financial managers and directors), you need a salary of at least £75,100 a year: the going rate for this occupation, which is above the £41,700 general minimum. New entrants, such as recent graduates, people under 26 or those switching from a Student or Graduate visa, need at least £52,600.

What is the going rate for SOC 1131?

The going rate for Financial managers and directors (SOC 1131) is £75,100 a year (£38.51 an hour) for a 37.5-hour week. It must be pro-rated for other working patterns.

Can a new graduate be sponsored in SOC 1131?

Yes, if the job meets the new-entrant rate: at least £52,600 a year, which is 70% of the going rate and no less than £33,400. New-entrant rates can be used for up to four years in total.

Who decides which occupation code a job uses?

Your sponsor chooses the SOC 2020 code when it assigns your certificate of sponsorship. It must match the job's actual duties, not just its title.

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