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Brokers — UK Skilled Worker going rate

SOC 2020 occupation code 3531

Going rate

£52,400

per year (£26.87/hr)

Effective minimum salary

£52,400

the higher of the £41,700 general threshold and the going rate

What this means

To sponsor someone as a brokers on the Skilled Worker route, an employer must normally pay at least £52,400 per year — the going rate for this occupation (£52,400) 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:

  • £36,700Option 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 3531.

Commodity brokers and tradersInsurance and mortgage brokersShipbrokersStockbrokersBrokers not elsewhere classified