New Age Skills: AI, Machine Learning Jobs Highest Paying, Report Shows – Job & Career News

Among new-age jobs offered in the corporate sector, artificial intelligence (AI) and machine learning (ML) related jobs are the highest paying, according to a report.

A report released by talent platform Foundit on Thursday said that AI/ML roles had the highest average minimum salary (Rs 78 lakh per annum) and average maximum salary (Rs 1.03 lakh per annum) for entry-level employees, indicating strong demand for the skills even at the entry level.

AI/ML professionals are among the highest paid new age roles at the mid and senior levels, with the highest average annual salary for mid-level AI/ML professionals (7-10 years of work experience) at INR 2.86 million, compared to INR 2.53 million for software development roles..

The report assesses salary trends across various new-age functions including AI/ML, cloud computing, data science and analytics, cybersecurity, and digital marketing.UI/UX design, software development, etc.

Furthermore, the hiring scenario of Indian companies A major shift is underway with a 41% increase in the number of skills assessments administered over the past two years (2022-2024), highlighting the growing importance of skills verification in the modern job market, the report said..

“Last year, 72% of companies valued a candidate's adaptability and commitment to continuous learning over their degree or experience. This year, that number has risen to 81%. As organizations embrace this change, choosing the right approach to skills assessment and selecting the right tools will be key to making informed hiring decisions. Increased skill-based hiring will undoubtedly lead to a more level playing field for job seekers,” said Sekhar Garitha, CEO, Foundit.

According to the report, cloud computing ratings increased by 55%, followed by AI & ML skills ratings, which increased by 50%, and digital marketing, which increased by 40%. There was a 30% increase in skills assessment and a 30% increase in product management skills assessment.

According to the report, the increase in AI/ML skills assessments coincides with a 50% increase in enrollments in AI/ML courses due to the expanding application of AI technologies. In the industry.

“AI and ML job postings grew 12 percent last year. Other new-age skills are also seeing a surge in new job opportunities. For example, UI/UX design roles have grown 35 percent annually, project management roles have increased 30 percent, while digital marketing and content writing roles have grown 28 percent each,” the report adds.