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AI skills can increase your salary by 30% or more

Dec 05, 2023 - businessinsider.com
A recent study by Access Partnership and Amazon Web Services suggests that workers with AI skills could receive a significant salary increase. The survey, which included over 1,300 employers and 3,297 employees across various US industries, found that more than 90% of participants expect to benefit from using generative AI. Employers estimate that workers with AI skills could see a salary increase of 30% or more, with IT, sales and marketing, and operations expected to see the highest bumps.

The study also revealed that the demand for AI skills is not limited to younger, tech-savvy workers. While over 80% of Gen Z and millennial employees expressed interest in developing AI skills, over 65% of baby boomers and Gen Xers also showed interest. The findings come as companies are increasing their efforts to hire AI talent, with over 10,000 listings for AI-related jobs this year. Despite fears that AI could replace jobs, the study suggests that AI skills could actually help workers advance in their careers.

Key takeaways:

  • Workers with AI skills could potentially receive a 30% or more increase in their salaries, according to a study by Access Partnership and Amazon Web Services.
  • IT department workers with AI expertise are expected to receive the highest salary increase of 47%, followed by sales and marketing teams with a 38% increase.
  • Over 90% of employers and employees believe that using generative AI can save time, boost creativity, and improve business outcomes.
  • Despite fears of AI taking jobs, the study suggests that AI skills can actually help workers advance in their careers and earn higher salaries.
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