IIT, IIM, NIT & School Staff get Sixth Pay Commission Salary Hike: Finance Trading Times

IIT, IIM, NIT & School Staff get Sixth Pay Commission Salary Hike

The latest news on Sixth Pay Commission is for the IIT, IIM, NIT & School Staff Employees, i.e. the institutes which are funded by the government.Now these staff members will be getting the benefits of the Sixth pay Commission Panel Recommendations. However, they are still no clarity about the exact numbers of the pay hike for these institutes like IIT, IIM, NIT, REC, and other government funded educational institutes. Sixth Pay Commission Salary Hike
However, there are still some differences with those of the central government employees.
What are the major reasons for the salary hike of IIT, IIM, NIT & School Staff?
The main reasons quoted for this salary hike is to attract fresh PhD graduates to teaching. One of the major roadblocks for indian education system has been unqualified teachers and the scarciy of qualified people taking up teaching. Governmetn salaries have been the major cause of concern for the concerned employees. Now with the Sixth Pay commission salary hike being put in place, we can expect some fresh infusion of good qualified people joining the teaching line.

Will all institutes get teh same salary hikes?
No. There are reports that NIT salaries will me lower than that of the IIT salaries, though the demand from NIT's have been to keep the salary at par with IIT.
Also, staff at IIT, IIM, NIT willget more salary as compared to their counterparts in central universities.

The salary hike is already as per the sixth pay commission recommendations.
General Sixth Pay Commission Salary Hike & Arrears Calculator

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike
Last year, after the government implemented the Sixth Pay Commission, it had set up a panel under former Indian Institute of Science director Goverdhan Mehta to suggest pay hikes for teachers at central technical education institutions
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the author of this site. The content should NOT to be reproduced on any other website or through other medium, without the author's permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer