Just a quick follow-up on the last post.
In a clear case of grade inflation, universities and colleges will now use the more standard designations of Assistant Professor, Associate Professor and Professor. In the process, the designations of lecturer and reader are being dumped.
Why is this grade inflation? A lecturer (who will now be called assistant professor) at a college need not have a PhD; a masters degree will do. Heck, in engineering colleges, even a bachelors degree will do.
However, I have no problem with this scheme. I think it's a good way to standardize across all institutions of higher education, so that eventually, they will all have similar norms for their fresh recruits.
But the Chadha committee has muddied things by creating several sub-divisions within each designation: thus you have at least three different kinds of assistant professors: normal, senior and selection grade! Similarly, professors come in three flavours: normal, senior and 'of eminence'. Thus there are a total of eight levels, which implies that a faculty member may expect to go through a promotion-related exercise -- with all its associated pressures -- every four years or so. Which seems quite pointless to me.
Finally, I noted in the previous post that someone with an ME or MTech degree will start with a salary of about Rs. 29,000 per month. If you add the house rent allowance (about 6,000 in a big city) and transport allowance (Rs. 3,200), the total salary will go up to Rs. 38,000.
The implications of this for a fresh recruit at an IIT would be interesting to ponder. Since he/she would have a PhD and several years of post-doc experience, I would guess that he/she can expect a bare salary of about Rs. 40,000 per month (as opposed to the current bare salary of about Rs. 25,000). If the person chooses to stay off-campus, he/she will also get house rent and transport allowances, bringing the gross salary to close to Rs. 50,000.
[Caution: All this is speculation. A couple of unknowns: UGC itself is yet to take a decision on the new salary structures. Further, IITs will have to wait for the Goverdhan Mehta committee to finish its job, and we don't know what that committee is going to recommend!]
What do you think: Is Rs. 50,000 per month an attractive salary? Sure, it's more attractive than Rs. 30,000 a month. The question is: if you wouldn't consider an IIT faculty position for Rs. 30,000, would the new salary make you change your mind?