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Modest salary hikes in store for IT employees
Financial Express Kochi
|March 21, 2025
THE PERFORMANCE APPRAISAL cycle for FY25 is set to bring modest salary increments for IT employees, with an average hike of around 5% for the bulk of the workforce.
THE PERFORMANCE APPRAISAL cycle for FY25 is set to bring modest salary increments for IT employees, with an average hike of around 5% for the bulk of the workforce. However, professionals with expertise in high-demand areas such as artificial intelligence (AI), machine learning (ML), big data, and blockchain are expected to receive significantly higher salary increases in the range of 10-12%, according to staffing experts.
IT services firms have witnessed a surge of over 50% in hiring demand since mid-January, driven by global clients seeking faster deliveries and AI/ML-driven solutions. However, companies are becoming increasingly selective about salary hikes, prioritizing professionals with niche skills while keeping general IT salary increments restrained.
Cette histoire est tirée de l'édition March 21, 2025 de Financial Express Kochi.
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