FIITJEE, a prominent Indian test preparation institute, has withheld employee salaries for two consecutive months due to stagnant growth and heightened competition in the coaching sector.
Disbursing only 50% of January salaries, FIITJEE's management justifies the action as a motivational measure to encourage employee commitment.
Founded in 1992 by Dinesh Kumar Goel, an IIT Delhi alumnus, FIITJEE operates over 100 centres nationwide but faces scrutiny amid recent losses and operational challenges in the evolving edtech landscape.