Friday, March 6, 2009

Arrears

The latest circular from the School is regarding the arrears payable as a consequence of the 6th Pay Commission implementation. This post has been a little late in coming- but maybe thats not so bad, since all of us have had time to reflect on things.

Before the notifications were made, some parents were quite concerned about what would happen, and the extent of arrears that needed to be recovered... The Principal's note is fairly clear, but in case there needs to be some discussion, this is a place. Basically, the School does not have the ability to absorb the entire burden created by (the much needed!) pay revisions. Since these have to be given with retrospective effect, it turns out that the total amount that has to be paid out to teachers as pay arrears comes to something like Rs 2 crore. That is the sum that is being shared out among all of us, amounting to Rs 7266 for those who have had children in the school admitted before March 2007, Rs 6100 if between March 2007 and March 2008, and Rs 4933 if between March 2008 and March 2009.

The accounts maintained by the School are quite transparent, so these numbers are pretty straightforward.

There will necessarily be a fee increase, starting April 1, 2009. Some part of this is going to be what is mandated by the Delhi Government, namely Rs 400 per month, but as the Principal has said, this will not actually cover costs. At any rate, other schools that are in the same general category as the MIS charge substantially more as monthly fees.

1 comment:

Anonymous said...

I just cannot understand as to why the the school management is so hellbent on destroying the school by underpaying the good teachers that they have-----or had.

Do they realize that they have lost so many good teachers for this reason ???Do they know that they can lose another big lot of disgrunted teachers if their salaries are not improved.
I think that it is time that the management looks beyond their old fashioned ideas and the boundreis of the ashram walls and do a reality check.

Today there is a huge global demand for good teachers.And every parent of our school knows on how much they can earn by giving tutions.
And why should the teachers pay for the ideas of someone who has deceided on what is good for them.
And can the management really have control over the performance of people who are always mulling over their options.
Throw peanuts and get monkeys