7th Pay Commission Latest News: Rs 1,01,500 Pay! If you become an employee in IIM Shillong, you will get this kind of salary

7th Pay Commission latest news today: In what will come as great news for job-seekers, IIM Shillong recruitment 2020 drive is on. IIM is giving an opportunity to candidates with a passion for teaching and research and zeal to excel in the various fields of management education to be part of its faculty team. It has come up with open rolling advertisement to allow interested candidates to apply for various faculty positions in specified academic areas. Under this advertisement, IIM Shillong aims to hire Professor, Associate Professor and Assistant Professor Grade 1. Those candidates fulfilling the minimum eligibility criteria can apply online through the Institute’s official website www.iimshillong.ac.in. 

What is notable is that the salary will be paid according to 7th Pay Commission pay scale. That means the pay will be great and along with it comes job security too.  Check out the 7th CPC salaries below:

1 Professor: Level-14A (under 7th Pay Commission) initial basic Pay Rs 1,59,100 

2 Associate Professor: Level-13A2, initial basic pay of Rs 1,39,600 under (under 7th Pay Commission) 

3. Assistant Professor Grade-I Level-12, Initial basic pay of Rs 1,01,500 (7th Pay Commission) 

Eligibility and qualification: 

PROFESSOR: He/she must have Ph.D. in the appropriate branch with first class or equivalent (in terms of grades, etc.) in the preceding degree, with a very good academic record throughout.  

Experience: Minimum 10 years in teaching/research/industrial experience, of which at least four years should be at the level of Associate Professor in IITs, IIMs, IISc Bangalore, NITIE Mumbai and IISERs or at an equivalent level in any such other Indian or foreign institution/institutions of comparable standards. He / She should have high research, training and consulting credentials.  

ASSOCIATE PROFESSOR:  He/she must possess Ph.D. in the appropriate branch with first class or equivalent (in terms of grades, etc.) in the preceding degree, with a very good academic record throughout.  

Experience: Minimum six years’ experience, of which at least three years should be at the level of Assistant Professor and ability to interact with a diverse student body and executives, and ability to undertake research independently. Candidates from Industry (Government / PSU / Research Organization) having experience of six years at the level equivalent to Assistant Professor may also be considered.  

ASSISTANT PROFESSOR: Ph.D. in the appropriate branch with first class or equivalent in the preceding degree, with a very good academic record throughout.  

Experience: Minimum 3 years of teaching/research/industrial experience (exclusive period of doing Ph.D.). However, in exceptional cases of candidates with excellent academic credentials, this experience requirement may be waived. A fresh Ph.D. may be considered for the position on contract basis. Candidates from Industry (Government / PSU / Research Organization) having experience of 3 years at the level equivalent to Assistant Professor may also be considered.  

Website: Further details about these posts can be obtained from vacancy tab of the IIM Shillong website: iimshillong.ac.in 

Relaxation:  

*Candidates applying under Scheduled Caste, Scheduled Tribe, Other Backward Classes, Economically Weaker Sections or Persons with Disability categories are required to select the relevant category while applying in the recruitment to avail age relaxation limits set the government. 

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*Relaxation in percentage of qualifying marks will be given up to 5% for SC/ST/PwD and up to 3% for OBC candidates in Master’s and Bachelor’s degree.