BENGALURU: Fresh IT graduates having specialized skills in areas such as Artificial Intelligence, Machine Learning, and full-stack development are in top demand. Firms are offering annual salary between Rs. 8.2 lakh and Rs. 10.2 lakh for such talent.

Niche skills in AI/ML, cybersecurity, and cloud computing are commanding a premium compensation for freshers, said Ramesh Alluri Reddy, CEO of TeamLease Degree Apprenticeship. Such candidates can quote up to 20-30% higher starting salary due to the high demand and limited supply in this critical area.

The compensation offered to a fresher will be in the range from Rs. 3.5 lakh to Rs. 6 lakh per annum in the IT services segment. This, again depends on the role and the organization. IT product companies, however, may offer freshers who are specialized in a skill, 50-80 per cent more salary.

Recent report by TeamLease Digital revealed that AWS and Microsoft Azure skills are highly in demand. Xpheno, a specialist staffing firm, informed that IT companies are paying salary in the range of Rs. 3.6- Rs. 4.5 lakh for engineering freshers and Rs. 2.2- Rs. 2.8 lakh for non-engineering freshers.

It is estimated that 82% of freshers in the IT services sector get less than Rs. 5 lakh per annum, 12% between Rs. 5 lakh to Rs. 7.5 lakh, and 7% above Rs. 7.5 lakh. Non-tech sectors, such as BFSI, manufacturing, and pharma, pay Rs. 2.5 lakh or less per annum to nearly 48% of fresh graduates, while 38% fall in the Rs. 2.5 lakh to Rs. 5 lakh category.

Krishna Gautam, Business Head, Xpheno, adds, "Skill-based outlier packages range from Rs. 6 lakh to Rs. 12 lakh based on the tech stack, specialisation, unique project experiences, and performance on internal skill grading systems.".

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