The pay matrix under level 14A is Rs 159100-220200 per month for IIT professors.
Applicants applying for Assistant Professor Grade 1 must have a minimum of three years of teaching, research or industrial experience.
The Indian Institute of Technology is one of the premier institutes of engineering and technology in India. The professors here have a long-term legacy of producing some of the best minds contributing to innovative technologies. IIT is rolling out the vacancies related to the posts of Assistant Professor, Associate Professor and Professor. The candidates must possess a first class degree or equivalent qualification and a PhD related to the relevant industry. The applicants must also have an excellent academic record to be considered for the faculty position at IIT. They can earn around Rs 2 Lakh by working as a professor.
educational qualifications
1. Professor- The candidate must have 10 years of teaching experience in the research and industrial institutes. They must also have a minimum of four years of experience as associate professors at IITs, Indian Institute of Science, Indian Institute of Management and National Institute of Industrial Engineering. NITIE is also known as the Indian Institute of Management Mumbai.
2. Associate Professor – The candidates applying for this position must have a minimum of six years of teaching experience, including a minimum of three years of experience as an assistant professor.
3. Assistant Professor – Candidates applying for the position of Assistant Professor Grade 1 must have a minimum of 3 years of teaching, research or industrial experience. Candidates with less than 3 years of experience will be appointed as Assistant Professor Grade 2. Initially, this post will be on a contract basis and can be regularized after three years.
Salary structure
1. Professor– The pay matrix under level 14A is Rs 159100-220200 per month for professors. This salary includes the duration allowance and the travel allowance. The minimum wage is Rs 159,100 and the gross salary is Rs 2,31,034 including allowances.
2. Associate Professor – Pay Matrix for the post of Associate Professor under Level 13 A2 Rs 139600-211300 per month. The minimum salary is up to Rs 1,39,600. The gross salary is Rs 2,03,344 including the allowances like DA and TA.
3. Assistant Professor Grade 1 (IIT Assistant Professor Salary) – The pay matrix under level 12 for the Assistant Professor is Rs 101,500-167,400 per month. The minimum salary is up to Rs 1,01,500 and the gross salary is Rs 1,49,242 including allowances.
