FIIT JEE—short for the Forum for Indian Institute of Technology Joint Entrance Examination—the education institution that operates 100 coaching centres across India, has held back part of the salaries of its employees for the second month in a row. The company has about 4,000 employees in its workforce, including non-teaching staff.
The move has reportedly been resorted to because there has been no growth in its coaching centres.
The employees have been informed via official e-mails that their salaries have been withheld to make them realise that it is time for them to work extra hard. The mails, however, mention that there is no financial crunch.
In fact, as per a Money Control report, Dinesh Kumar Goel, founder and MD, FIITJEE, stated in the mail that via this move employees are being made to realise that they can only earn their remuneration by doing what is expected of them; that their salary has apparently been withheld so that the employees realise that they have to really put in efforts to earn their salaries.
The employees have been paid only half their salary for January. The remaining will be released based on the teams’ performance and achievements, which would have to align with the firm’s business plans.
With offline education becoming widely accessible and affordable, institutes such as FIITJEE are facing tough times. FIITJEE is known not only for preparing students for the JEE Main and JEE Advanced exams, but also for the Class X and XII boards. It prepares students for junior and senior Olympiads too.
1 Comment
For all this students are paying badly this is a dirty game with their future