{"id":19063,"date":"2024-12-01T16:32:38","date_gmt":"2024-12-01T11:02:38","guid":{"rendered":"https:\/\/timesofpowerandvoice.com\/?p=19063"},"modified":"2024-12-01T16:32:41","modified_gmt":"2024-12-01T11:02:41","slug":"punes-tech-workforce-to-get-a-boost-with-competitive-salaries-across-key-sectors","status":"publish","type":"post","link":"https:\/\/timesofpowerandvoice.com\/?p=19063","title":{"rendered":"Pune\u2019s Tech Workforce to Get a Boost with Competitive Salaries Across Key Sectors"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Pune (Voice news service):- An analysis by TeamLease Digital sheds light on the evolving<br>dynamics of entry-level job roles across key functional areas in GCCs (Global Capability Centers),<br>IT Products &amp; Services, and Non-Tech sectors for FY2024-25. The data not only highlights the<br>demand for fresh talent but also outlines the salaries expected to be offered, providing a<br>glimpse into how the financial year will shape up for the burgeoning workforce in India.<br>TeamLease Digital\u2019s findings highlights the emerging roles across three leading sectors of GCCs,<br>IT products and services and the non tech sectors. Among the most sought-after tech roles in<br>Pune, Cyber Security, Data Science, Data Engineers lead the way, offering impressive salary<br>packages of INR 14.8LPA, INR 14.8LPA, and INR 8.8 LPA, respectively. Additionally, roles in<br>DevOps, Software Development, Data Analytics and Cloud Computing commands competitive<br>salaries ranging from INR 8.7 LPA to INR 7.3 LPA.<br>Salaries and Functional Domains: The Year Ahead<br>TeamLease Digital reveals that the Software Development and Engineering domain, which<br>focuses on coding, designing, and maintaining software applications, is poised to offer lucrative<br>opportunities. Entry-level positions in this domain are expected to see an average salary of INR<br>9.37 LPA in GCCs, followed by INR 6.23 LPA in IT Products &amp; Services, and INR 6 LPA in Non-Tech<br>sectors by the end of FY2024-25.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Cybersecurity and Network Administration domain, a critical field ensuring IT infrastructure<br>protection, GCCs are expected to lead with an average salary of INR 9.57 LPA showcasing the<br>critical need for expertise in identifying vulnerabilities and mitigating risk exposure, while IT<br>Products &amp; Services may offer INR 6.83 LPA, and Non-Tech sectors INR 5.17 LPA.<br>The Data Management and Analytics domain, which includes collecting, storing and analyzing<br>data to support decision-making, is projected to see average salaries of INR 8.73 LPA in GCCs,<br>INR 7.07 LPA in IT Products &amp; Services, and INR 6.37 LPA in Non-Tech sectors, in FY2024-25. The<br>domain of Cloud Solutions and Enterprise Applications Management, focusing on scalability and<br>cost-efficiency through cloud platforms and ERP systems, is set to offer entry-level salaries of<br>INR 7.67 LPA in GCCs, INR 6.07 LPA in IT Products &amp; Services, and INR 6.53 LPA in Non-Tech<br>sectors.<br>Top In-Demand Job Roles and Sector Insights<br>For FY2024-25, GCCs are prioritizing roles such as Penetration Tester, Data Scientist, Full Stack<br>Developer, Software Developer, and Customer Success Specialist, with salaries ranging from INR<br>11.8 LPA to INR 8.8 LPA. The IT Products &amp; Services sector is seeking Big Data Developers, IT<br>Auditors, RPA Business Analysts, Cloud Security Engineers, and IoT Engineers, offering salaries<br>between INR 9.7 LPA and INR 6.9 LPA. Non-Tech sectors are focusing on roles like Data<br>Engineer, SAP ABAP Consultant, Cloud Support Engineer, Cybersecurity Analyst, and<br>Automation Engineer, with salaries between INR 9.4 LPA and INR 6 LPA.<br>Elaborating on the state of entry-level tech roles across industries, Munira Loliwala, VP-<br>Strategy and Growth, TeamLease Digital, said, \u201cIndia&#8217;s entry-level job market is witnessing<br>dynamic changes, as highlighted by our data for FY2024-25. Global Capability Centers are<br>expected to lead the charge, offering premium salaries, particularly in roles like Penetration<br>Testing and Data Science, with average packages reaching INR 11.8 LPA. This can be attributed<br>to the rapid expansion of GCCs in India employing more than 1.66 million people and their need<br>to maintain global standards. Functional domains like Cybersecurity and Data Analytics are<br>witnessing heightened demand across industries, creating ample opportunities for entry-level<br>talent. As organizations across GCCs, IT, and Non-Tech sectors evolve their talent acquisition<br>strategies, entry-level candidates stand to gain immensely by equipping themselves with hybrid<br>skills that align with industry requirements.\u201d<br>GCCs continue to offer premium salaries for entry-level tech job roles, driven by their<br>adherence to global standards, demand for specialized skills, and intense competition. Non-<br>Tech sectors, while growing in their tech hiring, offer comparatively lower salaries due to a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">perceived gap in practical and industry-specific skills among entry-level candidates. The IT<br>sector falls in the middle, balancing demand and compensation effectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pune (Voice news service):- An analysis by TeamLease Digital sheds light on the evolvingdynamics of entry-level job roles across key functional areas in GCCs (Global Capability Centers),IT Products &amp; Services, and Non-Tech sectors for FY2024-25. The data not only highlights thedemand for fresh talent but also outlines the salaries expected to be offered, providing aglimpse [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44,38],"tags":[],"class_list":["post-19063","post","type-post","status-publish","format-standard","hentry","category-pune","category-technology"],"_links":{"self":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/19063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19063"}],"version-history":[{"count":1,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/19063\/revisions"}],"predecessor-version":[{"id":19064,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/19063\/revisions\/19064"}],"wp:attachment":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}