Financial managers and directors — UK Skilled Worker going rate
SOC 2020 occupation code 1131 · eligible for PhD points
Going rate
£75,100
per year (£38.51/hr)
Effective minimum salary
£75,100
the higher of the £41,700 general threshold and the going rate
What this means
To sponsor someone as a financial managers and directors on the Skilled Worker route, an employer must normally pay at least £75,100 per year — the going rate for this occupation (£75,100) is above the general £41,700 threshold, so it sets the floor. Some applicants can be paid a lower salary using tradeable points.
Discounted salary options
Lower going rates that apply if you qualify on tradeable points:
- £67,600Option B · 90%New entrants, and some other tradeable-points routes
- £60,100Option C · 80%Immigration Salary List occupations
- £52,600Option E · 70%PhD in a relevant STEM subject / new entrant combinations
The discounted rate must still be at least the option's percentage of the going rate and meet the route's absolute minimum.
Related job titles
Non-exclusive examples for SOC 1131.
Bank, building society and post office managersCompany secretaries and finance managers and directorsInvestment bankers and directorsFinancial managers and directors not elsewhere classified