Tuesday, March 18, 2025

FIITJEE withholds salaries, citing a need for increased productivity

FIITJEE, as per Money Control, has frozen employee salaries, citing the necessity for heightened productivity, reflecting issues within the coaching institute regarding financial management and workforce efficiency.

The company operates over 100 study centres in the country and has a workforce of about 4,000 teaching and non-teaching employees.

As per the report, Dinesh Kumar Goel, the founder and managing director of FIITJEE, said, “When you don’t follow us and don’t do your duty properly at the centers then we can’t run the centers efficiently enough.”

“Salary is not a matter of right, it needs to be earned by doing what is expected of you to do,” Dinesh added.

Yet, the company has conducted center evaluations using a system familiar to all Managing Partners (Centre Heads) and staff for 15 years.

This indicates stability and continuity in the assessment process, ensuring transparency and consistency in evaluating performance across the organization’s various centers over an extended period.

Moreover, the organization employs multiple systems aimed at safeguarding student interests while also contributing positively to society.

These systems likely encompass diverse strategies and initiatives designed to ensure student welfare and promote beneficial societal impacts. Such comprehensive measures underscore the company’s commitment to its educational mission and broader social responsibilities.

Note: We are also on WhatsApp and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click here and subscribe to YouTube – Click Here for LinkedIn– Click Here.

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Deloitte, PwC, EY, KPMG Outpace Global Growth for India Divisions

The Indian divisions of Deloitte, PwC, EY, and KPMG...

Must Read

Hitachi Astemo elevates Sanjay Ambhorkar as Head Asia- HR

Hitachi Astemo has strengthened its leadership team by elevating...

Atlas Copco Group is hiring for various roles, Apply Here

As a global, industrial company based in Stockholm, Sweden,...

COVID-19 Impact: Microsoft-owned LinkedIn cuts 960 jobs

COVID-19 Impact: Microsoft-owned LinkedIn cuts 960 jobs as pandemic...

WFH needs a complete rewiring of mindsets at both ends- Prabir Jha

Rendezvous with, Prabir Jha, CEO, Prabir Jha People Advisory Prabir...

Jindal Steel & Power appoints Vedanta’s Dilip Sinha President & CHRO

Jindal Steel & Power Ltd. (JSPL) has announced the...

Suicides at IITs: Govt wants professional counsellors & wellness centres

For other higher education institutions across India, the HRD...

EPFO launches “Nidhi Aapke Nikat 2.0” District Outreach Program

Employees’ Provident Fund Organisation (EPFO) launched a massive district...

Microsoft is copiloting every industry in India to transform with AI

An American multinational technology corporation, Microsoft in India is...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.