News: IIT-Jodhpur offers starting salary of Rs. 25 lakh to attract faculties

#Current

IIT-Jodhpur offers starting salary of Rs. 25 lakh to attract faculties

Battling hard with acute faculty crunch, IIT-Jodhpur has now decided to encourage new faculty recruits by offering a starting salary of Rs. 25 lakhs per annum. "In our endeavours to recruit new faculty members for IIT-Jodhpur, we have decided to give a head start to every new recruit and have offered a start-up grant of Rs. 25 lakhs to every faculty on joining the IIT, which is highest among all the institutions around," Chairman of the Board of Governor, Goverdhan Mehta said. The Chairman, however, refused to divulge the modalities and details of various individual components in this starting grant of Rs. 25 lakhs. IIT-Jodhpur is short of nearly 40 faculty members, the number of sanctioned posts is 90, but the figure has barely been able to cross the mark of 50.

Battling hard with acute faculty crunch, IIT-Jodhpur has now decided to encourage new faculty recruits by offering a starting salary of Rs. 25 lakhs per annum. "In our endeavours to recruit new faculty members for IIT-Jodhpur, we have decided to give a head start to every new recruit and have offered a start-up grant of Rs. 25 lakhs to every faculty on joining the IIT, which is highest among all the institutions around," Chairman of the Board of Governor, Goverdhan Mehta said. The Chairman, however, refused to divulge the modalities and details of various individual components in this starting grant of Rs. 25 lakhs. IIT-Jodhpur is short of nearly 40 faculty members, the number of sanctioned posts is 90, but the figure has barely been able to cross the mark of 50.

Read the Economic Times news report here.

Topics: #Current, #National, #TotalRewards, Compensation & Benefits

Did you find this story helpful?

Author

QUICK POLL

Is India Inc ready to support the gig economy?

On News Stands Now
q_auto,f_auto/v1573046219/mag-november-2019.jpg

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

.

Subscribe
And Save 59%

Subscribe now

How likely are you to recommend our content to a friend or colleague?

01
10
Selected Score :