TeamLease Digital’s data analysis for FY 2024-25 showcases emerging trends for top job roles and premium salaries in GCCs, IT and Non-Tech sectors

• GCCs estimated to pay premium salaries in Software Development domain – over 50% more than IT Products & Services and Non-Tech sectors
• Driven by growing cyber threats and the need to safeguard organisational data and infrastructure, the domain of Cybersecurity and Network Administration remains an attractive career choice.
• Penetration Tester, Data Scientist, Full Stack Developer, Big Data developer, Cybersecurity Specialist, and Blockchain Developer emerge as some of the top job roles in-demand for FY 2024-25

 November, An analysis by TeamLease Digital sheds light on the evolving dynamics of entry-level job roles across key functional areas in GCCs (Global Capability Centers), IT Products & Services, and Non-Tech sectors for FY 2024-25. The data not only highlights the demand for fresh talent but also outlines the salaries expected to be offered, providing a glimpse into how the financial year will shape up for the burgeoning workforce in India.

 Salaries and Functional Domains: The Year Ahead

TeamLease Digital reveals that the Software Development and Engineering domain, which focuses on coding, designing, and maintaining software applications, is poised to offer lucrative opportunities. The increasing demand for AI/ML skills in software development to enhance productivity, accuracy, and innovation is further driving this trend. As a result, entry-level positions in this domain are expected to see an average salary of INR 9.37 LPA in GCCs, followed by INR 6.23 LPA in IT Products & Services, and INR 6 LPA in Non-Tech sectors by the end of FY2024-25.

In Cybersecurity and Network Administration domain, a critical field ensuring IT infrastructure protection, GCCs are expected to lead with an average salary of INR 9.57 LPA, which is 40.12% higher than their IT counterparts, showcasing the critical need for expertise in identifying vulnerabilities and mitigating risk exposure, while IT Products & Services may offer INR 6.83 LPA, and Non-Tech sectors INR 5.17 LPA.

The Data Management and Analytics domain, which includes collecting, storing and analyzing data to support decision-making, is projected to see average salaries of INR 8.73 LPA in GCCs, INR 7.07 LPA in IT Products & Services, and INR 6.37 LPA in Non-Tech sectors, in FY2024-25. The domain of Cloud Solutions and Enterprise Applications Management, focusing on scalability and cost-efficiency through cloud platforms and ERP systems, is set to offer entry-level salaries of INR 7.67 LPA in GCCs, and INR 6.07 LPA in IT Products & Services. The Non-Tech industry is poised to offer an average salary of INR 6.53 LPA for cloud solution roles, approximately 8% higher than the IT sector, driven by the strong adoption of cloud technology across key sectors like BFSI, Healthcare, and Manufacturing.

Top In-Demand Job Roles and Sector Insights

For FY2024-25, GCCs are prioritizing roles such as Penetration Tester, Data Scientist, Full Stack Developer, Software Developer, and Customer Success Specialist, with salaries ranging from INR 11.8 LPA to INR 8.8 LPA. The IT Products & Services sector is seeking Big Data Developers, IT Auditors, RPA Business Analysts, Cloud Security Engineers, and IoT Engineers, offering salaries between INR 9.7 LPA and INR 6.9 LPA. Non-Tech sectors are focusing on roles like Data Engineer, SAP ABAP Consultant, Cloud Support Engineer, Cybersecurity Analyst, and Automation Engineer, with salaries between INR 9.4 LPA and INR 6 LPA.

Elaborating on the state of entry-level tech roles across industries, Neeti Sharma, CEO, TeamLease Digital, said, “India’s entry-level job market is witnessing dynamic changes, as highlighted by our data for FY2024-25. While IT Services have seen a slowdown in fresher and entry-level hiring over the last 2–3 years, it is the Global Capability Centers (GCCs) and Non-Tech sectors that have emerged as the torchbearers for welcoming young talent and offering rich opportunities. GCCs are expected to lead the way, offering premium salaries, particularly in roles like Penetration Testing and Data Science, with average packages reaching INR 11.8 LPA. This surge can be attributed to the rapid expansion of GCCs in India employing more than 1.66 million people and their need to maintain global standards. Functional domains like Cybersecurity and Data Analytics are witnessing heightened demand across industries, creating ample opportunities for entry-level talent. As organizations across GCCs, IT, and Non-Tech sectors evolve their talent acquisition strategies, entry-level candidates stand to gain immensely by equipping themselves with hybrid skills that align with industry requirements.”