Did you know that UK companies are in a race against time to submit visa applications for skilled foreign workers before the upcoming changes to immigration restrictions in April?
The UK government plans to increase expenses for recruiting foreign staff, which will raise the income threshold for skilled worker visas from £26,200 to £38,700. The aim is to synchronize pay with the median earnings of full-time workers in each profession and prevent an excessive dependence on migration. However, it remains to be seen if these changes will limit the visa system to affluent London companies and higher-ranking employees.
The upcoming changes have caused employers to reassess their hiring methods and extend current visas to safeguard their present standing before costs escalate. Additionally, the Home Office is increasing its examination of companies as part of a wider effort to combat visa fraud and labor exploitation.
Some employers are withdrawing job offers to foreign employees due to the expected increase in wages for skilled worker visas. This is causing difficulties for professional service businesses that hire international students from UK institutions. The recent increase in National Health Service charges for foreign workers is also exacerbating the situation.
UK firms are hurrying to submit visa applications for skilled workers before the immigration restrictions change in April. The changes would increase costs related to hiring foreign staff, causing some employers to withdraw job offers due to higher wage requirements. As a result, organizations are expediting recruitment strategies and extending current visas to safeguard their position before expenses rise. The Home Office is also increasing its examination of companies to combat visa fraud and labor exploitation.
The law firm Kingsley Napley has seen a surge of people trying to meet a deadline for a certificate of sponsorship applications. There are claims of delays, but the Home Office maintains that they are meeting service timetables. Employers are uncertain about forthcoming rules, including an increase in the minimum wage requirement for skilled worker visas from £26,200 to £38,700 in April.
New regulations regarding skilled worker visas may cause employment reductions in industries such as hospitality and manufacturing. The income threshold is set to rise, which could limit the visa system to affluent London companies and higher-ranking employees. Professional services businesses may face difficulties hiring overseas students from UK institutions due to the possibility of having to pay them much more than their British peers after a few years of employment.
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