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Showing posts with label IIT IIM faculty pay. Show all posts
Showing posts with label IIT IIM faculty pay. Show all posts

Pay Hike for Professors at IITs and IIMs

Posted by binu P Thursday, September 23, 2010 0 comments

Sixth Pay Commission Recommendations.

The government has decided to pay higher salaries of Rs 67,000 to Rs 79,000 to up to 40 per cent of the professors in centrally funded technical institutes, including the IITs and the IIMs.

 

Under the Sixth Pay Commission recommendations, professors in the central institutes were entitled to between Rs 37,400 and Rs 67,000 a month with an additional grade pay of Rs 10,500 to Rs 12,000.

 

IIT-IIM-Faculty-Pay-Hike There was, however, a condition. At any point, only 40 per cent professors of an institute were to be eligible for the additional grade pay of Rs 12,000 a month, subject to their performance.

 

IIT teachers had been up in arms against the condition because they felt the 40 per cent cap would discriminate against young professors.

 

Now, in the New order , the Ministry has said that instead of movement up to AGP of Rs 12,000 per month, 40 per cent of the professors would move to HAG. “It has now been decided in consultation with the Department of Expenditure to extend the HAG scale of Rs 67,000-Rs 79,000 without any Grade Pay in place of AGP of Rs 12,000 per month. The AGP of Rs 12,000 per month does not exist anymore,” the HRD notification states.

Bonus linked performance to IIT, IIM faculties

Posted by binu P Tuesday, September 22, 2009 0 comments

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.