City
Epaper

Indian tech professionals saw median salary hike of 150 pc post upskilling: Report

By IANS | Updated: June 20, 2024 14:25 IST

New Delhi, June 20 Indian tech professionals have secured a median salary hike of 150 per cent and ...

Open in App

New Delhi, June 20 Indian tech professionals have secured a median salary hike of 150 per cent and 110 per cent, respectively in the last two years post-skilling, a new report showed on Thursday.

According to the tech education company Scaler, the increase in average salary hike reflects the continuing demand for skilled professionals in the ever-evolving tech landscape.

As per data assessed by B2K Analytics, the agency that audits IIM-Ahmedabad's placement reports disclosed that the top 25 per cent of software development programme learners secured an average package of Rs 48 Lakh Per Annum (LPA), while the middle 80 per cent received an average package of Rs 25 LPA.

"The findings of this placement report underscore the tangible benefits of upskilling in enhancing career prospects and meeting industry demands," said Anshuman Singh, Co-founder of Scaler and InterviewBit.

The report is based on learners whose placements happened between 2022 and 2024 and those who have completed their mandatory modules and completed a period of 6 months post-that, as of January 1, 2024.

Moreover, the report highlighted a significant jump in the average salaries of learners.

Pre-upskilling, the average CTC of learners stood at Rs 17.77 LPA, which has now surged to Rs 33.73 LPA post-upskilling.

At the same time, the average salary of learners from the data science cohort before upskilling stood at Rs 15.47 LPA. Post upskilling, the average CTC secured by them shot to Rs 30.68 LPA.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalTrump says 145pc tariffs on China are here to stay for now

International"We call on both parties to maintain composure," Ukraine calls for peace amid Indo-Pak tensions

InternationalSingapore issues travel advisory, urges citizens to avoid non-essential travel to India, Pakistan

InternationalTrump offers 'help' to stop tensions escalate between India and Pakistan

InternationalTrump declares May 8 as 'Victory Day' honouring 80th anniversary of US victory in WW2

Business Realted Stories

BusinessReliance Jio added 2.17 mn new mobile users in March out of total 2.93 mn

BusinessCentre launches portal to boost non-ferrous metal recycling ecosystem

BusinessCentre invites expert comments to develop India's Climate Finance Taxonomy for Net Zero goal

BusinessC-DOT, CSIR-NPL sign MoU to boost joint research in classical and quantum communications

BusinessIndia's wireless subscriber base hits 1.16 billion in March, grows 0.28% monthly: TRAI