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‘₹ 100 crore salary in 7 years for extraordinary teacher’: FIITJEE's old job Ad resurfaces amid closure of centers

The closure of multiple centers comes after several teachers at the institute recently quit en masse due to unpaid salaries at a critical time when JEE Main exams are underway, and JEE Advanced and NEET exams are just a few months away leaving thousands of parents who have paid fees ranging from ₹ 3 to ₹ 4 lakh in a lurch as their children's studies are incomplete, and there's no sign of fee refunds.

EPN Desk 25 January 2025 08:51

FIITJEE

Multiple Forum for Indian Institute of Technology-Joint Entrance Examination (FIITJEE) centers, including those in Noida, Ghaziabad, and Patna have been abruptly closed, causing a major disruption for students enrolled in these coaching institutes.

The closure of centers in the recent past comes at a critical time when JEE Main exams are underway, and JEE Advanced and NEET exams are just a few months away. To make matters worse, parents, who have paid fees ranging from ₹ 3 to ₹ 4 lakh, are now left in a lurch as their children's studies are incomplete, and there's no sign of fee refunds.

Thousands of parents are now demanding answers, and tensions are escalating.

The closure came after several teachers at the institute quit en masse due to unpaid salaries, officials said.

Amid the growing unrest, an old job advertisement by FIITJEE has resurfaced. The advertisement, which dates back to January 2023, reveals the institute's search for faculty and business development professionals to support its IIT JEE preparation programs. The ad, posted on LinkedIn, outlined job openings for teachers and business growth positions.

FIITJEE teacher qualifications and job roles

The advertisement sought highly qualified candidates, including graduates from top institutions like IITs, NITs, IIMs, and other reputed Indian universities. It emphasized the opportunity for personal growth and success, stating, "We will provide you with the chance to develop your talent and guide you toward achieving the highest success."

FIITJEE teacher salary structure

FIITJEE offered competitive salaries for various teaching levels, with higher compensation for exceptional performance.

The salary structure for teachers is as under:

Classes 6-8 (IOQM, Olympiad, NTSE, Physics, Chemistry, Maths, Biology, other Subjects)

Good Teacher: ₹ 0.10 crore

Very Good: ₹ 0.18 crore

Excellent: ₹ 0.28 crore

Extraordinary/Transformative: ₹ 0.55 crore

Classes 9-10 (Maths Olympiad, Science Olympiad, Board Exams, JEE Mains, Advanced, Other Engineering Exams, Other Subjects)

Good Teacher: ₹ 0.15 crore

Very Good: ₹ 0.25 crore

Excellent: ₹ 0.40 crore

Extraordinary/Transformative: ₹ 0.75 crore

Classes 11-12 and 12 Pass (JEE Mains, JEE Advanced, Board Exams, International Olympiads, Subjects)

Good Teacher: ₹ 0.30 crore

Very Good: ₹ 0.50 crore

Excellent: ₹ 1 crore

Extraordinary/Transformative: ₹ 2.50 crore

FIITJEE's incentive for teachers

The advertisement further promised that becoming an extraordinary or transformative teacher at FIITJEE would enable them to accumulate assets worth at least ₹ 100 crore within seven years. Additionally, for business track positions, the ad claimed that following and surpass founders' achievements could lead to the creation of unlimited wealth, potentially crossing ₹ 1,000 crore within 7 to 10 years.

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