AI/ML Skills Propel Demand and Salaries for IT Freshers
The Rising Demand for AI/ML Skills
In today's fast-paced tech environment, AI and machine learning (ML) have become imperative for IT freshers. Companies are now offering competitive salaries for candidates equipped with these specialized skills. Ramesh Alluri Reddy, CEO of TeamLease Degree Apprenticeship, highlights that freshers with expertise in high-demand areas such as AI/ML, cybersecurity, and cloud computing can expect an astounding starting salary that is 20-30% above their peers.
Expected Salary Ranges
- IT services sector: Rs 3.5 lakh to Rs 6 lakh per annum.
- IT product companies: Starting salaries can see a 50-80% premium based on the fresher’s specialization.
- Specific tech skills like AWS and Microsoft Azure are highly sought after.
- Overall, 82% of IT freshers earn below Rs 5 lakh per annum, while skill-based outliers may earn between Rs 6 lakh to Rs 12 lakh.
Job Market Trends
With the landscape of IT constantly evolving, it is noteworthy that freshers in IT roles who demonstrate proficiency in AI and ML technologies are not just filling positions but significantly enhancing their market value. This trend reflects the critical demand for specialized skill sets across various tech-related fields.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.