According to a recent Indeed report published Wednesday, job seekers equipped with generative AI skills are commanding an impressive average salary boost of 47% compared to their counterparts lacking these skills. Indeed reviewed salary data from job postings on its platform to arrive at this conclusion.
The analysis reveals that technology professionals proficient in generative AI can expect average salaries reaching up to $174,727. Generative AI skills, alongside other essential competencies like deep learning, computer vision, and expertise in specific software languages and frameworks such as Rust or PyTorch, are driving job seekers’ earning potential.
The stabilization of the job market in 2024, coupled with the resurgence of previously postponed projects and the increasing adoption of AI implementations, has created favorable conditions for individuals with technical expertise. Roles such as data scientists, machine learning engineers, and software engineers are particularly in demand due to the scarcity of specialized talent.
Indeed’s report highlights that half of the highest-paid skills in the tech industry are AI-specific, indicating that job seekers with AI proficiency have a competitive edge and can potentially earn more than their peers.
According to CompTIA data, there were nearly 400,000 active tech job postings in January, representing a significant increase of almost 34,000 from the previous month. However, the scarcity of AI-related skills in the market has created a noticeable gap between talent demand and supply, particularly in roles requiring deep mathematical understanding and data modeling expertise.
Brian Jackson, research director at Info-Tech Research Group, emphasizes the shortage of data scientists capable of effectively managing and analyzing complex datasets. This talent shortage underscores the need for enterprises to invest in upskilling and training initiatives to bridge the gap.
Despite the interest among developers in acquiring AI skills through upskilling programs, a HackerRank survey reveals that less than one in four developers report receiving time from their employers for such learning opportunities. Addressing this gap by providing adequate support for upskilling and fostering a culture of continuous learning is essential for organizations seeking to navigate the evolving landscape of technology and remain competitive in the talent market.
