‘Successfully the loss of life of salaried employment’: Marcellus Funding CEO Saurabh Mukherjea’s large warning on white collar jobs

White-collar employment, lengthy thought of the spine of India’s rising center class, is present process a big decline, in response to distinguished funding strategist Saurabh Mukherjea. The founder and chief funding officer of Marcellus Funding Managers warns that steady, salaried jobs are not a sustainable mannequin for India’s educated workforce.
In his current podcast titled “Past the Paycheck: India’s Entrepreneurial Rebirth,” Mukherjea said that India is witnessing the gradual erosion of conventional employment, pushed by widespread automation, synthetic intelligence, and evolving financial buildings.
“I believe the defining flavour of this decade will likely be successfully the loss of life of salaried employment, the gradual demise of wage employment as a worthwhile avenue for educated, decided, hardworking individuals,” he stated in response to an ET report.
Mukherjea’s feedback implied a rising concern inside sectors like info expertise, media, and finance—industries which have historically absorbed massive numbers of white-collar professionals. He cited developments similar to Google’s admission that one-third of its coding is now finished by AI, signaling a broader pattern more likely to affect Indian corporations as effectively.
The shift poses important implications for India’s employment panorama, notably for many who have pursued greater schooling with the expectation of long-term company careers. Mukherjea argues that the previous mannequin, the place people spent a long time with a single employer, is not viable.
As an alternative, he pointed to entrepreneurship because the rising various. Citing the Indian authorities’s JAM trinity—Jan Dhan financial institution accounts, Aadhaar identification, and cellular connectivity—Mukherjea believes the digital infrastructure is in place to help a brand new wave of self-employment and innovation, notably amongst low- and middle-income residents.
“The roles received’t be there,” Mukherjea stated, urging Indian households to rethink long-held beliefs about job safety and success. “Households like yours and mine should cease getting ready youngsters to be job-seekers.”
As automation accelerates and AI turns into extra deeply embedded in white-collar workflows, consultants like Mukherjea say India should put together for a post-employment period—one the place financial mobility will rely much less on company paychecks and extra on entrepreneurial initiative.