How can you keep up with the rising costs?
The key recommendation has been focused on increasing the price an organisation has to pay when looking to hire someone from outside of the EU. As stated by Sir David Metcalfe, the Chair of MAC, the introduction of an immigration skills charge (ISC) of £1,000 per assignee per year, as well as increasing the salary threshold of migrants on the Tier 2 visa category £30,000 would “reduce the use of migrant labour.”
These are only recommendations at this stage, however it means firms would have to analyse the cost of taking on migrant labour much more stringently. The alternative that the government is trying to push is companies investing in training rather than importing talent from outside the EU. But is this realistic?
Before the MAC released its findings on the Tier 2 visa catergory, there had already been huge scrutiny, with many industries and senior figures speaking out. Keith Vaz, Chairman of the Home Office Select Committee on the Home Office, reported that the cap on Tier 2 “did not fit and may even be counterproductive”.