After upskilling, professionals see a 126% increase in average salary: Survey

Over the past three years, professionals after upskilling have seen their salaries increase by over 126 percent, according to Scalar’s Placement Assessment Report. Survey of 2,087 graduates. They have seen an average salary of 21.6 LPA, an average salary of 17.5 LPA and a placement rate of 93.5 percent.

The highest domestic salary received is 3.03 crores. Learners with 6-10 years of work experience have an average salary of 31.9 LPA, while learners with more than 10 years of experience get an average package of 57.1 LPA.

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The KPMG-Scalar Commission report has revealed that Indian software engineers are witnessing tremendous career growth and meaningful employment opportunities after taking upskilling courses.

The report also said that the average increase in salary received after joining the new company is 67.8 per cent, with 31.8 per cent of alumni being promoted in the job they joined.

The report also highlights the majorly affected industries with this boom in upskilling. These include technology solutions with 14.1 percent of professionals, financial technology with 13.9 percent, e-commerce and retail with 13.7 percent, and consumer technology with 8.2 percent of skilled professionals. Top 25 Employers for Skilled Professionals across India Top 3 are Amazon, Microsoft and Delhivery.

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Abhimanyu Saxena, Co-Founder, Scalar and InterviewBit, said – “With edtech players recognizing this skill gap in the sector, the technical upskilling on today’s offering is giving Indian tech experts a second lease of life to work on the product. aspiring-based companies. Our skilling programs for software engineers, which last only one year or less, have made a huge difference in tech organizations. We have successfully created an efficient ecosystem that caters to tech players. Understands the needs and has created programs that learners can pursue part-time alongside their jobs. Scalar has been one of the most powerful tools in this industry for engineers who aspire to dream big.”

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