The 2022 Cost of Sponsoring Overseas Workers on UK Work Visas
The requirement for a sponsor licence, and the cost of it, means UK employers need to work out the affordability of recruiting from overseas. Sponsorship Licence Lawyers can help UK businesses with looking at the option of applying for a sponsor licence and the economics and affordability.
Remember that when you are costing a sponsor licence, you need to carry out a similar accurate costing for the alternatives, such as the cost of recruitment agents and staff turnover or the increased cost of in-house staff training to try and ensure new staff can pick up the skills they need because you’ve had to recruit non-skilled workers with a view to training them rather than sponsoring visa holders.
The costs need to be carefully assessed as the total costs will depend on the size of your business ( the sponsor licence application fee is cheaper if your business falls into the category of small company). The expense will also depend on the number of overseas workers you need to hire and whether your business agrees to pay some of their costs.
The UK is reporting full employment so if UK businesses want to expand or need to recruit to fill vacancies brought about by staff departures etc, they may have little choice if they want to meet their business goals. Sponsorship Licence lawyers can help your business work through its immigration and employment options to work out the best solution for your company.
