Friday, August 22, 2025
spot_img

PwC Study: AI Driving Job Growth and Higher Salaries

spot_img
- Advertisement -

Artificial Intelligence (AI) is transforming industries at an unprecedented pace, with a new PwC Global AI Jobs Barometer 2025 revealing that AI has quadrupled productivity growth in sectors most exposed to its adoption.

The report highlights that industries leveraging AI have seen a 27% increase in productivity and a threefold rise in revenue per employee, reshaping workforce dynamics and economic models.

AI’s Impact on Productivity and Revenue Growth

PwC’s analysis, based on nearly a billion job ads across six continents, found that industries with high AI exposure, such as financial services and software publishing, experienced a 27% productivity growth between 2018 and 2024.

In contrast, industries with low AI exposure, including mining and hospitality, saw a decline in productivity growth from 10% to 9% over the same period.

Additionally, AI-driven industries recorded a threefold increase in revenue per employee, significantly outpacing sectors with minimal AI integration.

PwC Report: Wage Growth and Job Creation in AI-Exposed Industries

Contrary to concerns about AI replacing jobs, the report indicates that job availability has grown by 38% in roles highly exposed to AI, including those considered highly automatable.

Key findings include:

  • AI-skilled workers earned a 56% wage premium in 2024, doubling from 25% in the previous year.
  • Job postings for AI-related roles grew 7.5% year-over-year, even as total job postings declined 11.3%.
  • Augmented roles, where AI enhances human capabilities, saw faster job growth than fully automated positions.

Industry Leaders Weigh In on AI’s Transformative Potential

Carol Stubbings, Global Chief Commercial Officer at PwC, emphasized AI’s growing influence, stating, “This research shows that the power of AI to deliver for businesses is already being realized. And we are only at the start of the transition.”

Joe Atkinson, Global Chief AI Officer at PwC, reinforced AI’s role in workforce augmentation, noting, “AI is amplifying and democratizing expertise, enabling employees to multiply their impact and focus on higher-level responsibilities”.


Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates. Subscribe to our Channels. WhatsApp– Click HereGoogle News– Click HereYouTube – Click Here, and LinkedIn– Click Here.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Pernod Ricard India and TISS announce ‘Fellowship’ for Transgenders

Pernod Ricard India Foundation has announced its partnership with...

JioStar Appoints Disney Star’s Rishi Gaind as Head – HR

In a strategic move to bolster its leadership team,...

Apax Partners negotiates with Capgemini to acquire Odigo

Apax Partners signs an agreement with Capgemini in view...

Wipro Announces a New Global Business Line Model

Wipro Limited, a leading technology services and consulting company,...

Recruitment & Onboarding Challenges 2022

The Great Resignation that hit post the pandemic has...

The Future Workforce

The Future is closer than we think. Are we...

Airbus India to hire high-end engineers & IT professionals on 26, 27 March

Commercial aircraft maker Airbus announced that it will hire...

Skill Ministry and Tata launch first batch of Indian Institute of Skills, Mumbai

Skill Ministry and Tata launch first batch of Indian...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus