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Re: Salary Of IIT JEE Coaching Faculty Every year the number of teachers hired with a salary of Rs 1 crore and more is increasing in the premier coaching centres for IIT-JEE. Today, there are at least 15-20 people getting Rs 1 crore plus salaries in Kota alone. Then, there are other hubs such as Mumbai, Delhi, Kanpur and Patna, where the faculty would be getting even more. The centres are fighting for top faculty members and are ready to pay them as much as Rs 1 crore-plus salary. Even faculties who are ex-IITians are employed by many coaching institutes with salary more than the professors teaching at the IITs. At least 300-400 will be earning salaries in the Rs 60 lakh to Rs 1.5 crore range. The recruitment takes place about three times a year, where salaries of teachers often increase up to 3-4 times within 8-10 months of joining. These coaching centres often try to promote themselves by advertising about their good teacher to student ratio. The business of coaching is reaching new heights in various places of the country in terms of the salary package provided to faculty members and the amount of fees paid by the students who enrol every year |
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