ICAI Hyderabad pays Rs.1 lakh per month to COE - What a waste of student's and member's money

ICAI earns its revenues from students & members.

ICAI incurs expenditure on account of salaries on regular staff and out sourced staff in addition to some contractual staff. I came across certain qualified CA staff are employed at various places for a meager salary of around 1 lakh (hahahaha)  per month without assigning any major work to them.........ICAI takes care of certain members families as charity although not in the manner of charity

to illustrate, one person is employed at CoE, Hyderabad as head who is paid, as per sources, more than a lakh or around the same figure but not a regular employee of ICAI - contractual / outsourced. He has no powers w.r.t signing of cheques or any major decision matters but is heading CoE and is paid well..............

 On an enquiry, am told by Delhi sources that there are several such others employed by ICAI and also informed that the HR policy of ICAI requires utility audit..............am told most of the past presidents have contributed to the wastage on this account ............names of past presidents with-held by me............

I am surprised to know that when there are excess staff available with ICAI, still  ICAI branches employ outsourced staff / contractual staff. Further, staff working at branches who are not on the rolls of ICAI are paid low while their counterparts working elsewhere are paid good salaries.

I wish ICAI council looks into this matter and re-organize the staff positions and also restructure the HR as a whole and also works in the direction of having regular staff instead of contractual staff who are aged / at the age of retirement. I also wish, ICAI absorbs all the outsourced / contractual staff working over years at lower levels instead of shunning them and going for new staff............have some humanity ............

why I said "Iwish" in the above para is because, it has become a routine matter that if I tell to council members 2+2 = 4, they will try to prove that it can not be 4 under any circumstances or will simply ignore the matter. 

I look forward for cutting of wasteful expenditure the utility of which is futile for ICAI by our Council and ICAI and a better HR policy is developed ...........

 

By Suneel Kumar Appaji FCA

 Knowledge Architect & Management Adviser