Faculty salary in KIIT made at par with IITs
With yet another revison in the pay structure of the teaching staff, employment in KIIT has become even more lucrative. This apar, as many as 65 faculty members in different disciplines have been rewarded with promotion for their outstanding performance. Central pay scale has been implemented for KIIT faculty with effect from Semptember 1, 2006, resulting in across the board enhancement of salary. While Lecturer and Sr.Lecturer get starting Basic Pay of Rs. 8000 and Rs. 10,000 respectively, the same for Asst. Professor, Associate Professor and Professor has been fixed at Rs. 12,000, Rs 16,400 and Rs 18,4000 repectively. Now the pay structure follows the formula [Basic +DA (50% of Basic] + DA (14% of Basic and DP] + HRA [15% of Basic and DP]. This decision makes pay of KIIT faculty at par with those of IITs.