City
Epaper

Indian Tech Professionals See 150% Median Salary Hike Post Upskilling, Says Report

By IANS | Updated: June 20, 2024 15:16 IST

New Delhi, June 20: Indian tech professionals have secured a median salary hike of 150 per cent and 110 ...

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

Tags: Job newsTechTech companySalary
Open in App

Related Stories

MaharashtraDiwali 2025 Bonus: Maharashtra Government Approves ₹471 Crore for ST Employees’ Salaries and Festival Advance

BusinessRecruiters Flag Concerns Over Parents Negotiating Salaries for Gen Z Candidates

NationalInternship in Mumbai: IMC Trading Offers Rs 12.5 Lakh Monthly Stipend, Highest Ever for an Intern

MumbaiMumbai: Fans Queue Overnight at BKC Apple Store to Buy iPhone 17

TechnologyViral AI Trends Like Gemini’s Nano Banana Could Cost You Money Warns IPS Officer

Technology Realted Stories

TechnologyDMRC partners with Mappls MapmyIndia to offer real-time metro updates on Mappls app

TechnologyIndia aims 300 million tonnes of crude steel production capacity by 2030

TechnologyMpox spreading to more countries, 17 deaths in Africa in last 6 weeks, says WHO

TechnologyGovt committed to share best practices under Norway India Partnership Initiative: Health Secy

TechnologyUIDAI unveils ‘Aadhaar Vision 2032’ framework to strengthen digital identity through AI, advanced encryption