Assistant Professor Starting Salary: Too good to be True

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Assistant Professor Salary

Assistant Professor Starting Salary Figures.

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Assistant Professor Starting Salary

Assistant professor  is an academic rank which is used in India, United States and several other countries. It is generally taken after earning a Doctoral degree and sometimes after several years of holding a postdoctoral researcher position.

Teaching at the college and especially the university level is not just respectable but is also highly paid; not to forget the additional perks and benefits.

Salary Details

On a cost-to-company basis, an Assistant Professor’s “package” (at the beginning, with a fresh PhD) is certainly not less than Rs. 12 lakh a year. Joining Bonus and Fellowship awards are additional. A senior professor’s “package” is of the order of Rs. 30 lakhs a year.

Additional Benefits 

Some of the health and other benefits offered are –

  • 5 non-compoundable advance increments
  • Fully furnished/Semi furnished accommodation
  • Medical benefits (36%)
  • Dental benefits (5%)
  • Vision benefits (2%)

Top Salary Granting Teaching Institutions  

Some of the premier public institutions in India, paying highest salary range to assistant professors are as follows:-

  • IITs
  • AIIMS
  • IIMs
  • Central Universities
  • State Universities

7th Pay Commission

Newly recruited and retiring central government employees will be benefited the most under the Seventh Pay Commission. As per the provisions of Bonus bill the Bonus Calculation ceiling has been  raised from 3500 to 7000 and eligibility ceiling of wage from 10,000 to 21,000 per month.

Projected Pay Scale of Assistant Professor in 7th Pay Commission

VIEW HERE THE EXPECTED RISE IN SALARIES AS PER THE 7TH PAY COMMISSION

Government of India has already announced the pay commission for central government employees.

Current Assistant Professor Starting Salary is Rs. 15600 – Rs. 39100 Plus Grade Pay Rs. 6600 = Entry Pay Rs. 25530

New Pay Scale as per 7th Pay for Assistant Professor is Rs. Rs. 46800 – Rs. 117300 Plus Grade pay Rs. 19800 = Entry Pay Rs. 76590

So, it it expected that there will be so much benefit for the Assistant Professor when Government of India implements the pay scale.

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