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Education, Careers & Professional News

Bonus bait for IIT-B faculty

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Facing a talent crunch that is familiar to many companies, the elite Indian Institute of Technology (Bombay) is offering all new faculty members a signing bonus of Rs 3 lakh.

Significantly, the bonuses are being raised by donations from the IIT alumni, generally a high-achieving bunch, who in recent years, have become more active, organised and sophisticated in giving back to their alma mater.

This is a first for any of the IITs, says Deepak B Phatak, professor at IITs Kanwal Rekhi School of Information Technology.

More : .hindustantimes.com

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