Employers have a new wave following a trend that is rapidly growing in popularity and effectiveness: skills-based hiring.
Even Big Tech companies such as LinkedIn, Google, and IBM, traditionally associated with hiring Ivy League graduates, are hiring based on skills and culture fit, thereby increasing their talent pool. We are expanding our range and ensuring diversity. However, according to Yahoo Finance, there is still a shortage of talent due to lack of skills.
As more employers turn to skills-based hiring and become more committed to candidates with transferable skills and experience, what exactly are the most in-demand skills?
Top 5 in-demand technology skills
Job site Indeed.com has released a list of the top 10 highest-paying skills within the technology industry. These skills attract some of the highest salaries advertised on the platform.
If you're already in the tech industry or looking to make the transition, take a look at these five skills and plan your next career move this year accordingly. Some of these skills may help you stand out as an expert or leader in your field, even if you're not in the technology industry.
1. Generative AI
That's right, you guessed it. Generative AI ranks at the top of Indeed's list of high-paying tech skills. Skills related to this include prompt engineering, ChatGPT, Midjourney, model tuning, AI content creation, and even data analysis. According to Indeed analysis, this skill increases your salary by an estimated 47%.
2.SoC
According to the report, SoC stands for “system on a chip,” and refers to “an integrated circuit that integrates most or all of the components of a computer or other electronic system.” Resources like Arm offer useful course materials on GitHub to help you learn the basics of this technical skill. The potential income for someone with this skill is $175,000 per year.
3. Deep learning
Deep learning is the basis of artificial intelligence and a subset of machine learning. It is so called because there are multiple layers within the network, and complex patterns are learned from simpler patterns at lower levels. Having this skill can make up to a 44% difference in salary and will continue to be in demand as AI implementation and development continues, so it's definitely worth considering upskilling to add to your tool kit there is.
4. Torch and PyTorch
Are you observing a common theme here? This is also a technical skill related to artificial intelligence. In short, “Torch is an open source machine learning library, scientific computing framework, and scripting language based on Lua,” says Indeed. However, PyTorch is his ML framework for this library used for her NLP (natural language processing), which gives computers the ability to understand and interpret human language. Get a 43% better salary with Learning Talk.
5. Computer vision
Another high-paying and in-demand technology skill is computer vision. Computer vision is another skill closely related to the field of artificial intelligence, he said, and involves “enabling computers to identify and understand objects and people in images and videos.” Like other types of AI, computer vision aims to perform and automate tasks that replicate human capabilities. ” says Microsoft.
Computer vision allows applications to gain a sophisticated understanding of the physical world, extract meaningful information, and make decisions from it. One example of computer vision in an application is facial recognition on mobile phones. Online providers such as Stanford Online offer computer vision courses. This skill can increase your salary by up to 40%.
As the job market continues to evolve, so should you. Future-proof your career with these 5 in-demand tech skills and stay up-to-date for further growth. Remember, the more you learn, the more you earn.
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