United Kingdom (UK) has made a change in its visa rules. Under the new rules, Indian companies would have to pay a gross salary equal to a British worker to its employees sent on transfer to the UK. Besides this, skilled Indian workers on transfer cannot settle in the UK.“So far, Indian companies made good margins when they transferred their employees to the UK. They paid salaries to them in rupees and only some allowances in pounds. But they billed their customers in pounds,” Mr Sunil Goel, director, GlobalHunt India, an executive search firm, said. Mr Kris Lakshmikant, chairman and managing director, The Head Hunters India Private Limited, said the cost of intra-transfer per person may increase by 60%. “If a company sends an engineer with two years experience to the UK, it will have to pay him or her Rs 15-20 lakh per annum. Earlier, the cost was between Rs 10-Rs 12 lakh,” Mr Lakshmikant explained. “Now, Indian companies would prefer to hire local people. But in certain categories like IT in which Britain does not have a large pool of local workers, companies will have to send people from India,” he added.
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