Jurisdiction(s):
United Kingdom

Advising UK sponsor licence holders after April 2024: salary thresholds, SOC 2020, Immigration Salary List, new entrant discounts, and alternatives (Global Business Mobility, Scale-up, Visitor)

Published on: 19 April 2024

Published by a LexisNexis Immigration expert

Legal News

Article summary

What has changed?

Spring, customarily the season of optimism and fresh growth, has instead this year delivered sponsoring employers in the UK a suite of immigration rule revisions intended to sharply curb overall numbers. The headline alterations are tougher salary benchmarks for sponsored workers, adoption of the Standard Occupational Classification 2020 framework, and the substitution of the Shortage Occupation List with a much slimmer Immigration Salary List. All three associated pay rates rose on 4 April 2024. These reforms target salary levels, update occupation coding to SOC 2020, and replace the former Shortage Occupation List with a leaner Immigration Salary List.

For standard new Skilled Worker applications, the headline minimum salary rose from £26,200 to £38,700 gross per annum; the minimum hourly figure increased from £10.75 to £15.88; and the occupation “going rate” shifted from the 25th percentile in the Annual Survey of Hours and Earnings to the 50th percentile for that code, namely the median. Because sponsors must meet the highest of these three metrics, the effect is that, from 4 April 2024, to recruit a new Skilled Worker a sponsor must ensure the salary sits above the earnings of at least half of the workforce in that profession...

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