Indian employees seek 20-40% salary hikes as hiring in AI, EV sectors rises: Report

The demand for hiring comes for niche roles in sectors like Electric Vehicles, ESG, digital transformation, and cloud computing.

Published on: Feb 27, 2025, 16:35:11 IST

By HT News Desk

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Indian employees are now seeking salary hikes of 20-40 per cent in high-growth sectors like Artificial Intelligence (AI), Electric Vehicles (EV), and engineering, according to findings of a report.

This rise in salary expectations comes as a result of the growing demand for specialized skills in these areas.

This rise in salary expectations comes as a result of the growing demand for specialised skills in these areas, according to an article by new agency ANI which cited a recent report by Adecco India.

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The demand for hiring comes for niche roles in sectors like Electric Vehicles (EV), Environmental, Social, and Governance (ESG), digital transformation, and cloud computing.

Employees seeking quality work

Apart from a pay hike, employees are also seeking meaningful work, career development, and flexible working conditions, according to the report.

Meanwhile, AI's role in the workplace is also increasing, but more so as growth enabler rather than a threat, provided the employees keep pace with technological advancements and continue building their relevant skills in this department.

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This comes as companies focus on building technical expertise, with an emphasis on AI-powered learning platforms, certifications, executive coaching, and leadership training, the report read.

India is one of the leading adopters of AI in the Asia-Pacific (APAC) region, with 42 per cent of businesses having already integrating it into their operations.

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Meanwhile, industries such as banking, financial services, and IT have still managed to achieve greater salary stability despite the fluctuating job market, according to the report.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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