IITs to exclude highest annual packages from placement reports? Decisive meet in Feb

The IIT Bombay report sparked criticism and led to AIPC discussions concerning the impact of disclosure of the highest salary figures on students, and high expectations among students and parents.

The IITs (Indian Institute of Technology) are on the way to knock out the highest annual packages in their placement reports, confirmed IIT Dhanbad Professor Debjani Mitra, chairperson of the All IITs Placement Committee (AIPC), as per The Indian Express.

The AIPC held a meeting after IIT Bombay published its placement report last week, claiming there were 85 offers crossing an annual package of Rs 1 crore, IE reported.

IIT-Kharagpur also disclosed 20 students were offered packages of Rs 80 lakh and above in the first phase of placement.

IIT-Bombay, in its report, announced the first phase of placements (concluded on December 20) had 1,340 offers in total, out of which 85 offers of annual salary packages surpassed Rs 1 crore. They issued a corrigendum while citing a 'technical error', and revised the number of Rs 1 crore-plus offers in the first phase of placement to 22.

The report sparked criticism and led to AIPC discussions concerning the impact of disclosure of the highest salary figures on students, and high expectations among students and parents.

Reportedly, the IITs are expected to agree on common guidelines for placement reports in the next meeting in February.

Faculty advisor to IIT-Bombay’s placement committee, Sameer Jadhav, told the publication that he agreed with the general sentiment against disclosure of top salary packages.

"This is very personal information that should stay between the candidate and the employer," he said.