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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.

Median-ASHE salary options (Table 1, options A-E)

You must be paid at least the option's minimum salary shown below, and meet who qualifies for that option.

  • £75,100Option A · Standard

    The applicant’s salary equals or exceeds both: (SW 8.1.)

  • £67,600Option B · PhD (non-STEM)

    The applicant has a PhD in a subject relevant to the job and their salary equals or exceeds both: (SW 9.1. to SW 9.4)

  • £60,100Option C · PhD (STEM)

    The applicant has a PhD in a STEM subject relevant to the job and their salary equals or exceeds both: (SW 10.1. to SW 10.3.)

  • £75,100Option D · Immigration Salary List

    The applicant is being sponsored for a job on the Immigration Salary List and their salary equals or exceeds both: (SW 11.1. to SW 11.3.)

  • £52,600Option E · New entrant

    The applicant is a new entrant at the start of their career and their salary equals or exceeds both: (SW 12.1. to SW 12.3.)

25th-percentile salary options (Table 2, options F-J)

These lower, 25th-percentile-based options only apply if you are being sponsored for a Health and Care ASHE salary job, or (until 4 April 2030) you held continuous Skilled Worker permission granted before 4 April 2024 in this occupation. They are not available to most new applicants.

  • £49,700Option F · Standard (25th-percentile / Health & Care ASHE, GBM, Scale-up)

    The applicant’s salary equals or exceeds both: (b) An applicant can only be awarded points from options F to J if: (i) they are being sponsored for a Health and Care ASHE salary job; or (ii) the date of application is before 4 April 2030, they were granted permission as a Skilled Worker under the rules in place before 4 April 2024, and they have had continuous permission as a Skilled Worker since then (except that where the Exceptions for overstayers section of Part Suitability applies, that period of overstaying will be disregarded). (SW 8.1)

  • £44,700Option G · PhD (non-STEM, lower)

    The applicant has a PhD in a subject relevant to the job and their salary equals or exceeds both: (b) An applicant can only be awarded points from options F to J if: (i) they are being sponsored for a Health and Care ASHE salary job; or (ii) the date of application is before 4 April 2030, they were granted permission as a Skilled Worker under the rules in place before 4 April 2024, and they have had continuous permission as a Skilled Worker since then (except that where the Exceptions for overstayers section of Part Suitability applies, that period of overstaying will be disregarded). (SW 9.1 to 9.4)

  • £39,700Option H · PhD (STEM, lower)

    The applicant has a PhD in a STEM subject relevant to the job and their salary equals or exceeds both: (b) An applicant can only be awarded points from options F to J if: (i) they are being sponsored for a Health and Care ASHE salary job; or (ii) the date of application is before 4 April 2030, they were granted permission as a Skilled Worker under the rules in place before 4 April 2024, and they have had continuous permission as a Skilled Worker since then (except that where the Exceptions for overstayers section of Part Suitability applies, that period of overstaying will be disregarded). (SW 10.1 to 10.3.)

  • £49,700Option I · Immigration Salary List (lower)

    The applicant is being sponsored for a job on the Immigration Salary List and their salary equals or exceeds both: (b) An applicant can only be awarded points from options F to J if: (i) they are being sponsored for a Health and Care ASHE salary job; or (ii) the date of application is before 4 April 2030, they were granted permission as a Skilled Worker under the rules in place before 4 April 2024, and they have had continuous permission as a Skilled Worker since then (except that where the Exceptions for overstayers section of Part Suitability applies, that period of overstaying will be disregarded). (SW 11.1. to 11.3.)

  • £34,800Option J · New entrant (lower)

    The applicant is a new entrant at the start of their career and their salary equals or exceeds both: (b) An applicant can only be awarded points from options F to J if: (i) they are being sponsored for a Health and Care ASHE salary job; or (ii) the date of application is before 4 April 2030, they were granted permission as a Skilled Worker under the rules in place before 4 April 2024, and they have had continuous permission as a Skilled Worker since then (except that where the Exceptions for overstayers section of Part Suitability applies, that period of overstaying will be disregarded). (SW 12.1. to 12.3.)

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