Benefits and incentives to faculty of IIT Delhi
A member of the faculty who holds a "regular" position in the Institute is entitled to several benefits, an outline of which is given below. Please note that the detailed guidelines, constraints if any, and procedures in respect of these benefits are available elsewhere. Also note that some of these benefits, though not all, may also be available to other full-time faculty employees (including Emeritus Fellows, IRD Fellows, and Visiting Professors/Faculty).
- Housing: members of the faculty are entitled to on-campus housing, WHEN AVAILABLE, for which a nominal rent is charged as per government rules. Those who opt to stay off-campus would be entitled to "house rent allowance" @ 30% of Basic Pay + AGP. Faculty members can also have accommodation on lease outside the campus, if not available in Campus, and the institute supports the faculty members with reimbursement / payment of a monthly rent of upto Rs. 35,000/-.
- Medical coverage: members of the faculty, and their dependent family members, may use facilities and services available in its on-campus hospital. The latter has out-patient consultation with doctors, limited in-patient care, limited tools for diagnosis, and a well-stocked pharmacy. In those cases where the hospital is not in a position to provide necessary medical care, patients are referred to other specialists or to recognized hospitals in and around Delhi. Part of expenses incurred on such treatment is reimbursed.
- Retirement benefits: members of the faculty who have joined (or join) after Jan 1, 2004 are entitled to "New Pensions Scheme (NPS)", wherein IIT as well as the faculty member each contribute 10% (Basic Pay plus DA) of member's salary to the fund. While the fund earns a fixed return each year, the accumulated fund may be accessed when the faculty member retires, or in a financial emergency. (Those who have worked elsewhere in the Government or in a Government-sponsored organization prior to joining IIT and have subscribed to a "pension-cum-gratuity" scheme may continue with that option.)
- Leave travel concession: As with other Government employees, members of the faculty are entitled to "leave travel concession", wherein the Institute underwrites the travel expense to one's home town every two years. Alternatively, one can travel once to visit home and once to any place in India, in a Block of 4 years. This travel support is provided to all dependent family members as well.
- Reimbursement of telephone bills: IIT will reimburse expenses incurred on use of telephone at residence up to Rs. 1800/- per month.
- Subsidized loans for housing, car, computers, etc.: Again, as with Government employees, IIT makes available limited amount of loans to buy/build a house, or to buy a car or a computer for one's personal use on interest rates notified by the dept. for such loans.
- Sabbatical leave: Every seventh year (limited to 3 times in entire service), a faculty member may take one year sabbatical leave with full pay. During the year, he/she may engage in research or development or in teaching at a university or industry in India or abroad. The essential requirement is that the engagement must lead to enrichment of one’s knowledge or experience in the field of one's specialization. He will be required to execute a Bond to serve the Institute for a minimum period of three years after joining duty after the sabbatical leave.
- Other leave opportunities: Other than sabbatical leave, faculty is entitled to various kinds of leave, including leave during summer/winter vacation periods, leave to cover medical treatment, special casual leave for participation in meetings, conferences, field trips , research and consultancies related work etc., or E.O.L. (un-paid leave) to take up a limited-term assignment with industry or another university.
Features to help you settle-in
- Reimbursement of expenses for interview: The Institute reimburses expenses towards travel within India by a faculty candidate to attend an interview with the Department and/or Selection Committee. The expenses are reimbursed to the extent of II-AC train fare.
- Reimbursement of expenses to join IIT Delhi from within India: The Institute will reimburse expenses by a faculty living in India towards travel to join IIT as a member of the faculty. Expenses incurred on travel by him/her and his/her family and for transportation of house-hold goods, but limited to Rs. 50,000/- (Rupees fifty thousand only) would be reimbursed. The mode of transportation etc. is, however, subject to Government of India guidelines.
- Reimbursement of expenses to join IIT from abroad: The Institute will reimburse expenses by a faculty living abroad towards travel to join IIT as a member of the faculty. Expenses incurred on travel by him/her and his/her family and for shipment of house-hold goods, but limited to Rs. 1,00,000/- (Rupees one lakh only) would be reimbursed. The mode of transportation etc. is, however, subject to Government of India guidelines.
- Initial guest house stay facility: The faculty and his/her family, would be entitled to stay in our guest house with free lodging (boarding charges to be paid by the faculty member) for up to 2 weeks till a suitable on-campus house is identified and allotted to him/her.
- Initial equipment grant for office/lab equipment: IIT will make available up to Rs. 1,00,000/- (Rupees one lakh only) in the form of an equipment grant to help faculty settle down with necessary equipment, including a PC and printer, for use by him/her in the office or a lab.
Resources to help grow professionally
- Research grant to procure equipment, supplies: A new faculty is entitled to seek a research grant from IIT up to Rs. 20,00,000/- (Rupees twenty lakh only) to develop the necessary research capability in the area of his/her expertise and to support the significant progress made towards the research goals set for oneself. The Institute also provides an additional grant of Rs. 30,00,000/-(Rupees thirty lakh only) as matching grant to build new capability / high value research facilities into emerging areas via special project funding from external agencies. These are to be availed within 3 year of joining. Strategic goal of this fund is ti aim for winning bigger projects.
- Professional Development Allowance (PDA): Starting 1st April, 2010,
Rs.3.0 lakh is made available to each faculty member for a block of 3 years
to support the following:
- Attending international conferences/symposiums
- Attending national conferences/symposiums
- Purchase of books and other contingent items
- Membership of Professional Societies
- Institute has a Young Faculty Incentive Fellowship Scheme sponsored by Alumni or Industry which may also be considered for newly recruited young faculty members who may also receive an honorarium of Rs.10,000/- (Rupees ten thousand only) per month over and above the salary and other benefits admissible to him/her as an Assistant Professor till attaining an age of 35 years or moving to PB-4 whichever is earlier.
- Sourcing, managing funds for R&D projects: The Institute helps faculty seek and manage research projects and consulting assignments from industry and from funding agencies in India and abroad. When necessary, the Institute also facilitates transfer of technology to industry, or to file patent applications in India and/or abroad. It is re-emphasized the above benefits are subject to certain terms and conditions, eligibility criteria, guidelines, procedures and deadlines. Further, to avail some of the above benefits, one will need to seek prior approval using a specific form.
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