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Unlocking Success: A Step-by-Step Guide to Calculating the Salary for Your Skilled Worker Visa
If you are a business owner, you know that hiring the right talent can make all the difference in the success of your company. In today's global economy, it's not uncommon to seek out skilled workers from abroad to fill in-demand positions. However, the process of hiring a foreign worker can be complex, particularly when it comes to calculating the appropriate salary for their visa.
That’s where our step-by-step guide comes in. We will walk you through the process of determining the salary for your skilled worker visa, from understanding visa requirements to evaluating industry standards and local labour market conditions. Our guide breaks down the calculation process into six simple steps:
Step 1: Determine the appropriate job code for your skilled worker.
The first step in calculating the salary for your skilled worker visa is to determine the appropriate job code for the position you are hiring for. This code will determine the minimum salary required for the visa.
Step 2: Research the going rate for the job code.
Once you've determined the job code, you'll need to research the going rate for that position in your local area. This will help you establish a competitive salary range for your open position.
Step 3: Factor in the candidate's experience and qualifications.
The candidate's age, experience and qualifications are important factors to consider when calculating the appropriate salary for their visa. Be sure to factor in any relevant experience or education that the candidate possesses.
Step 4: Consider additional benefits and allowances.
In addition to the base salary, you may need to consider additional benefits and allowances when calculating the appropriate salary for your skilled worker visa. These may include health insurance, relocation expenses, and other work-related benefits. Please note that allowances and benefits do not count for base salary calculation which is what is required to meet threshold. However, you must make note on file for audit any allowances given.
Step 5: Ensure compliance with minimum salary thresholds.
It's important to ensure that the salary you offer meets the minimum salary threshold required for the skilled worker visa. This threshold varies depending on the job code and the location of the position.
Step 6: Document the salary calculation for your visa application
Finally, be sure to document the salary calculation process for your visa application. This will help ensure that your application is processed quickly and efficiently.
By following our guide, you will be equipped with the knowledge and tools necessary to calculate a salary that aligns with immigration regulations and ensures a successful visa application.
Accurate salary calculation is crucial for a successful Skilled Worker Visa application. Seek our guidance to be able to unlock the secret to calculating the right salary for your skilled worker visa and take your business to the next level.
Contact us to assist and advise on your sponsor licence or skilled worker visa today on 01403 801 801 or Contact Us | UK VISAS