Must-Have Tech Skills To Get Salary Hike

In a country like India where millions of people graduate every year, the job market is utterly competitive, this along with Covid-19 led recession resulted in the unemployment rate rising to 9.1% in December 2020. 

Landing the perfect job is harder for IT graduates because India produces approximately 15 lakh engineering graduates each year with only less than half of them finding employment in the same field. 

Finding a high-paying job is even harder. However, if you’ve already landed yourself a job, there are always ways to upskill yourself to get a salary hike. 

Moreover, if you are someone who is still looking for employment in the IT sector, you might want to focus on skills which are in demand and required for  high-paying jobs. 

Some of the must-have tech skills that will help you in getting a better pay. 

Big Data Analytics:

According to IBM, “Big data analytics is the use of advanced analytic techniques against very large, diverse data sets that include structured, semi-structured and unstructured data, from different sources, and in different sizes from terabytes to zettabytes.”

Companies have big data and want to utilize it to extract value that would benefit them, which is why companies are always looking for big data analysts. 

The average base salary of a big data analyst in India is around ₹510,000 per annum. One can easily be certified by joining either offline or online classes. 

Risk Analytics/Assessment:

In a world where technology is rapidly evolving, companies need to protect themselves from potential risks and threats, and to do so they are always looking for people with exceptional skills in risk analytics and assessment. 

As the demand for candidates with this skill is high, the pay is also better. The average base salary for a risk analyst in India is ₹520,000 per annum. 

Cryptography:

The process of developing or deciphering encryption systems to avoid attacks, removing risks or identifying critical information is what cryptography is all about. It requires skill sets such as analytical skills, mathematical skills, firm grasp of computer science as well as tech writing skills. 

As encryption plays a very important role in the world of IT, people with cryptography skills can easily get a salary hike. The average base salary of a cryptographer is ₹600,000 per annum. 

Prescriptive Analytics:

Companies want to use machine learning in order to make decisions with the help of predictions pulled from data. As such, prescriptive analytics allow one to investigate old data and utilise that to find trends and predictive analytics in order to assist companies make business decisions. The process includes both descriptive analytics and predictive analytics. 

The average base salary of those with this skill is ₹1,300000 per annum. 

Natural Language Processing:

To assist customers and support employees, chatbots, voice recognition and automated assistants play a vital role in solving issues, which is why natural language processing (NLP) skills are very much sought after by employers today. 

To be a NLP engineer, one must have statistical analysis skills, problem solving skills, and clear understanding of machine learning concepts and methods. People with this skill can get an average base salary of ₹600000 per annum. 

Neural Networks:

A neural network allows a set of data to mimic how the human brain operates. The networks have exceptional capabilities to save meaningful data from broad data, which is used to identify trends and patterns that are usually hard to comprehend. 

For those with advanced math and algorithms skills, machine learning, and programming skills, to name a few, one can opt to upskill themselves with neural networks and make a whopping average base salary of ₹22 lakhs a year. 

DevSecOps:

A combination of software development, security and operations, DevSecOps allows companies to analyze and implement security decisions and actions. 

To be more precise, here’s a definition of DevSecOps by IBM:

“DevSecOps—short for development, security, and operations—automates the integration of security at every phase of the software development lifecycle, from initial design through integration, testing, deployment, and software delivery.”

The average base entry level salary for those with this skill is ₹360,000 per annum and can go as high as ₹1,140,000 per annum for mid entry level positions. 

These are some of the in-demand skills in the IT industry today, hope the tips shared in this blog help you in upskilling yourself for a bright and prosperous career.