Compensation Package
Minimum Salary per year in Cost to the Institute (CTI) format | |
Assistant Professor | Associate Professor |
Rs. 12 lakh | Rs.16 lakh |
Perquisites& Benefits | |||
Seed Money Research Grant | Up to Rs.5.00 lakh on approval of the proposal by the Institute’s Research Promotion Committee. | ||
Cumulative Professional Development Allowance | Cumulative Professional Development Allowance of Rs.3.00 lakh for every block of three years on a reimbursable basis to the faculty (after confirmation of their service) for participating in both national and international conferences and workshops. | ||
Medical support | Doctors on campus. Basic medicines are disbursed from the Medical Centre. Insurance Coverage of Rs. 5 lakh per year for self and family (floater). Premium paid by the Institute. | ||
Accident Insurance | Coverage ranging from Rs.4.00 lakh to Rs.12.00 lakh. Premium paid by the Institute. | ||
Leave benefits | Eligible for 8 days of casual leave; 20 days of half-pay-leave commuted to 10 full days; 60 days’ vacation in a year – if not availed, converted to 30 days of earned leave. Earned leave is cashable on cessation of employment. | ||
Career Progression | Well-articulated Career Progression Policy. |