SOC 2020 code 2440Eligible

Business and financial project management professionals: Skilled Worker visa salary

For a Skilled Worker visa in SOC 2440 (business and financial project management professionals), you need a salary of at least £56,500 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 £39,500.

Minimum salary
£56,500
£28.97 an hour
Going rate
£56,500
For a 37.5-hour week
New entrants
£39,500
70% of the going rate, at least £33,400

What this covers

Job titles in SOC 2440 include: Business change managers, Clinical trials coordinators, Risk managers.

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Questions about SOC 2440

What salary do business and financial project management professionals need for a UK Skilled Worker visa?
For a Skilled Worker visa in SOC 2440 (business and financial project management professionals), you need a salary of at least £56,500 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 £39,500.
What is the going rate for SOC 2440?
The going rate for Business and financial project management professionals (SOC 2440) is £56,500 a year (£28.97 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 2440?
Yes, if the job meets the new-entrant rate: at least £39,500 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.

Source: Immigration Rules Appendix Skilled Occupations and the Temporary Shortage List on GOV.UK, as of 13 October 2026. A guide, not immigration advice: PhD discounts, the Immigration Salary List and pre-April-2024 transitional rates aren't covered.