The Home Secretary has commissioned the Migration Advisory Committee (MAC) to carry out a rapid review of the new Immigration Salary List (ISL), which will replace the current Shortage Occupation List (SOL) from April 2024.
The ISL will determine which occupations will benefit from a discount to the salary threshold for the Skilled Worker route, which is due to be increased from £26,200 to £38,700 in April 2024.
The MAC will also consider whether the discount will put downwards pressure on pay and undermine efforts to recruit resident workers. The MAC is expected to report by 23 February 2024, and the Government will then implement an initial ISL from April 2024.
The new ISL will affect employers who rely on overseas workers to fill skills gaps in their sectors. Employers should review their current and future recruitment plans and assess the impact of the changes on their ability to sponsor workers under the Skilled Worker route. Employers could also monitor the MAC's review and the Government's response and be prepared to adjust their strategies accordingly.
Our business immigration team can advise employers on all aspects of the Skilled Worker route, including the new ISL and the salary threshold changes. If you have any questions or concerns about the new ISL or any other immigration matters, please contact the Business Immigration team at Freeths today.
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The content of this page is a summary of the law in force at the date of publication and is not exhaustive, nor does it contain definitive advice. Specialist legal advice should be sought in relation to any queries that may arise.
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