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Bonus linked performance to IIT, IIM faculties

Posted by binu P Tuesday, September 22, 2009


Directors of the Indian Institutes of Technology (IITs) are fine-tuning a Performance Related Incentive Scheme (PRIS) which they are expected to place on the table later this week to defuse the stand-off with protesting faculty across all seven IITs.

Under this, an incentive equivalent to “two to four months of salary” could be offered annually to faculty depending on their performance which will be quantified on key indicators.

The PRIS will be based on the Sixth Pay Commission.



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