IITs Not to Reveal Salary Figures From This Placement Season

Kharagpur, West Bengal: The IITs (Indian Institutes of Technology) have decided not to reveal pay package figures from this placement season following complaints of peers and parental pressure on students. "Disclosing salaries puts unnecessary pressure on students. It kick-starts peer pressure as well as parental and societal pressure. People forget that only very few of them actually get those fat pay packages of over a crore. The minimum and average salaries are much less," Prof. Sudhirkumar Barai, chairman of the Career Development Centre at IIT Kharagpur, told PTI. A decision to this effect was taken recently at a meeting of the All IITs Placement Committee (AIPC) in Guwahati. "We had this rule of non-disclosure earlier also but this time we took a conscious decision to implement it," Mr Barai said. The first phase of placements began at the IITs from Tuesday. So far, the IITs, which are India's premier technical institutes, used to reveal packages but kept identity of the students a secret. "We have noticed that only the highest salary is discussed. But people forget that the average salary which an IITian gets is far less than the fattest one," Mr Barai said. Another issue lies with the employers as many of them have a confidentiality clause in their job contract which restricts them to publicly disclose their remuneration. "Some multinationals will complain to us if we disclose the figures and breach the confidentiality clause," said the placement in-charge of IIT Kharagpur. In some cases, security and safety of the pass-outs and their families could be another cause of concern as they might even get kidnapped for a ransom, he feared. "All the figures from any IITs being discussed in the media this season is unauthenticated as none of the premier engineering institute can disclose figures," Mr Barai said. Recently, an IIT Kharagpur student had disclosed directly before the media that he bagged an annual package of Rs 2 crore from Google after finishing internship. "We can't stop students from making any disclosures on their own," the IIT official said. There are 16 IITs in the country.

IITs Not to Reveal Salary Figures From This Placement Season

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP