Financial managers and directors (SOC 1131, also written as job code 1131) qualifies for UK Skilled Worker visa sponsorship. Your employer must pay at least the going rate of £75,100 per year. Scroll down for salary benchmarks, the visa rules, and live jobs from licensed sponsors.
Not sure if SOC 1131 applies to your situation?
The answer above is the general rule. Your case can be different if you already hold a visa and are extending or switching, if you were sponsored before a rule change, or depending on your salary. Our AI assistant can explain the full rules from gov.uk guidance.
Ask AI about SOC 1131Financial managers and directors plan, organise, direct and co-ordinate the financial information of companies, the activities and resources of financial institutions, such as banks and insurance companies, and advise on company financial policy.
Entry is most common with a relevant degree or equivalent qualification, although it is possible with A levels/H grades, S/NVQ levels 4 and 5. Those with higher qualifications may obtain accelerated training. Internal promotion to management is possible and on-the-job training is provided. Professional qualifications are available and are required or mandatory for certain posts.
UK market salary · ASHE 2025
Plus £4,242 – £32,688 in bonus & commission
How visa salary requirements compare to what employers pay.
Most financial managers and directors in the UK earn between £50,856 and £115,596 in basic pay, with experienced professionals in the top 10% earning above £167,128. For Skilled Worker visa holders, the minimum salary (going rate) for this role is £75,100 (SOC 1131), sitting at the 49th percentile of what UK employers pay and £872 below the median.
All figures are before tax. Calculate your take-home pay.
Comparing with an offer back home? Try the UK vs home country calculator.
Browse our register of UK companies with an active sponsor licence. Filter by industry, size, sponsor rating, and whether they're currently hiring financial managers and directors, so you only apply where a visa is actually on the table.
Browse licensed sponsorsYour employer must pay whichever is higher: the going rate for SOC 1131 (£75,100) or the general Skilled Worker threshold of £41,700 per year.
New entrants and ISL roles may qualify for a lower rate. See the New entrant & discount rates section below.
Your sponsor issues a Certificate of Sponsorship (CoS), a reference number the Home Office uses to check the job offer, salary, and duties line up with an eligible SOC code.
Submit the Skilled Worker visa application online within 3 months of your CoS assignment date. You'll also book a biometric appointment and pay the immigration health surcharge.
Apply on gov.ukTravel to the UK before your CoS start date and begin working for the sponsor named on the certificate.
If you're under 26, switching from a Student visa, or a recent UK graduate, your employer can pay the new entrant rate of £52,600 per year for up to 4 years.
Continuously sponsored as a Skilled Worker since before 4 April 2024? Lower thresholds apply: £49,700 standard, or £34,800 as a new entrant.
Other Skilled Worker-eligible roles in the same SOC minor group (113xx):
Yes. Financial managers and directors roles fall under SOC 1131 (Higher Skilled), so they qualify for Skilled Worker visa sponsorship. Your employer will need a sponsor licence and must pay at least the going rate for this occupation.
Job code 1131, SOC code 1131 and occupation code 1131 all refer to the same thing: the Standard Occupational Classification (SOC 2020) unit group covering financial managers and directors. The Home Office uses this 4-digit code on a Certificate of Sponsorship to check Skilled Worker visa eligibility and to set the going rate salary threshold for the role.
The going rate for Financial managers and directors (SOC 1131) is £75,100 (£38.51 per hour). Occupation rate applies. Your employer must pay whichever is higher: this going rate or the general Skilled Worker threshold of £41,700 per year.
SOC 1131 covers a range of financial managers and directors roles, including: Bank, building society and post office managers, Company secretaries and finance managers and directors, Investment bankers and directors, Financial managers and directors not elsewhere classified.. Keep in mind that the Home Office matches jobs by duties rather than title alone. Two roles with the same title can fall under different SOC codes depending on the actual work involved.
Yes. If you're under 26, a recent graduate, a PhD student, or switching from a Student or Graduate visa, you count as a "new entrant". For Financial managers and directors (SOC 1131) the new entrant minimum is £52,600 per year, based on the Home Office's published lower going rate and the £33,400 new entrant threshold. The discount lasts up to 4 years in total.
We list Financial managers and directors roles from companies with a Home Office sponsor licence. Scroll down to see what's currently open, or search our full jobs database for more visa-sponsored positions across the UK.
This information is provided as guidance only and should not be treated as legal advice. Eligibility criteria and salary thresholds are based on the latest published government data. Always verify with the official UK government guidance or seek professional immigration advice.