FACULTY

AND
STAFF HANDBOOK
October 2009

INSTITUTE OF BUSINESS ADMINISTRATION (IBA)

FACULTY AND STAFF HANDBOOK OF POLICIES AND
PRACTICES
The Institute of Business Administration (IBA)s Faculty and Staff Handbook
has been prepared to provide a summarized ready-reference to those
procedures, policy statements and regulations that are of particular concern to
members of IBA faculty and staff. It does not claim to be a comprehensive
documentation of all of the Institute matters. It is intended that this handbook will
provide introductory information about the Institute to new and existing members
of IBA and will also serve as a convenient reference on HR policies and
procedures.

This Handbook is also available on the IBA intranet or portal, which can be
accessed through http://iba/ by all faculty and staff members who have
authorized access to the intranet. The detailed Standard Operating Procedures
(SOPs), which have been summarized here, are also available on the portal.

The information in this handbook is subject to change as and when deemed

necessary. Amendments will be issued to keep this document up-to-date.

Ayesha Menai
Human Resources Director

TABLE OF CONTENTS
INTRODUCTION TO IBA .................................................................................................................. 1
ABOUT IBA ..................................................................................................................................... 1
FUTURE STRATEGIC DIRECTION ....................................................................................................... 1
EMPLOYMENT ................................................................................................................................. 2
EMPLOYEE SELECTION .................................................................................................................... 2
PRE-EMPLOYMENT MEDICAL EXAMINATION ...................................................................................... 3
WORK WEEK ................................................................................................................................... 3
Flexible Office Timings: ............................................................................................................. 3
ATTENDANCE .................................................................................................................................. 4
Good Attendance Reward ......................................................................................................... 5
CHANGE IN PERSONAL INFORMATION ............................................................................................... 5
OUTSIDE EMPLOYMENT OR BUSINESS .............................................................................................. 5
IBA CODE OF BUSINESS CONDUCT............................................................................................. 6
EMPLOYEE BEHAVIOR ..................................................................................................................... 6
Compliance with the Law ........................................................................................................... 6
Responsibility for the Image of IBA ........................................................................................... 6
Respect for People .................................................................................................................... 6
Honesty and Integrity ................................................................................................................. 7
Avoiding Plagiarism ................................................................................................................... 7
INTERACTION WITH BUSINESS PARTNERS ......................................................................................... 7
Offering and Accepting Advantages .......................................................................................... 7
Special Rules for Awarding Contracts ....................................................................................... 8
Donations .................................................................................................................................. 8
Avoiding Conflict Of Interest ...................................................................................................... 8
HANDLING OF IBAS PROPERTY ....................................................................................................... 9
Assets ........................................................................................................................................ 9
Information Handling ................................................................................................................. 9
Records and Reports ................................................................................................................. 9
Confidentiality .......................................................................................................................... 10
Data Protection and Security ................................................................................................... 10
Electronic Media Usage ........................................................................................................... 10
IMPLEMENTATION .......................................................................................................................... 10
GRIEVANCE HANDLING AND CODE OF CONDUCT VIOLATIONS ........................................... 11
EMPLOYMENT OF RELATIVES .................................................................................................... 12
HR POLICIES ................................................................................................................................. 13
LEAVE POLICY ............................................................................................................................... 13
Earned Leave (Annual Leave) ................................................................................................. 13
Sick Leave ............................................................................................................................... 14
Casual Leave ........................................................................................................................... 14
Maternity Leave ....................................................................................................................... 15
Conference Leave ................................................................................................................... 16
Study Leave............................................................................................................................. 16
Compensatory Leave .............................................................................................................. 17
Sabbatical Leave ..................................................................................................................... 17

Leave Preparatory to Retirement (LPR) .................................................................................. 18

EMPLOYEE MEDICAL POLICY ......................................................................................................... 19
TRAVELING AND ACCOMMODATION ................................................................................................ 21
COMPENSATION ............................................................................................................................ 24
Salary Payment ....................................................................................................................... 24
Annual Salary Increase ........................................................................................................... 24
Overtime Work and Compensation ......................................................................................... 24
FEE CONCESSION PROGRAM ......................................................................................................... 25
STAFF WELFARE FUND .................................................................................................................. 25
CANTEEN FACILITIES ..................................................................................................................... 25
PERFORMANCE MANAGEMENT ................................................................................................. 26
PROBATION PERIOD ...................................................................................................................... 26
PERFORMANCE APPRAISAL............................................................................................................ 26
SEPARATION ................................................................................................................................. 26
RESIGNATION, TERMINATION ......................................................................................................... 26
RETIREMENT ................................................................................................................................. 27
WEARING OF IBA EMPLOYEE IDENTITY CARD ........................................................................ 27
ACADEMIC FREEDOM OF FACULTY .......................................................................................... 28
IBA DIRECTORY ............................................................................................................................ 28

Introduction to IBA
About IBA
IBA is the oldest business school outside North America. It was established in 1955 with initial
technical support provided by the world famous Wharton School of Finance, University of Pennsylvania;
later, the University of Southern California set up various facilities at the Institute and several prominent
American professors were assigned to the IBA.
Till 1994, the University of Karachi awarded degrees to the graduates. In that year the Sindh
Assembly elevated the Institute's status to that of a degree-awarding institution. A bill is pending in the
Assembly for conferring the status of a University to IBA.

Future Strategic Direction

Having realized that it can no longer thrive on its past laurels and has to adapt itself to the changing
market demands IBA has embarked upon an ambitious five year strategic plan with the objective to
become one of the top 100 global business schools and one of the top 10 regional business schools. It
has benchmarked itself against a few chosen business schools in India, Singapore, China, Hong Kong
and Turkey. The four pillars of this strategy are (i) Investment in physical infrastructure (ii) Faculty
Development (iii) Technology up gradation and (iv) Community outreach and links to industry.
IBA is exploring collaborative partnerships, alliances and exchange programs with the top business
schools. Generous financial supports from Higher Education Commission of Pakistan (HEC),
foundations and the private sector have been obtained to implement this plan in the next five years. IBA
has recently become the first institution in Pakistan to become partner of CFA Institute, SAP University
alliance and other such ventures. Seeking accreditation to the Asian, European and U.S. bodies are
part of the plan. The management is seeking other avenues of collaboration with the Universities and
B-schools in Asia.

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Employment
Employee Selection

IBA is committed to attracting and retaining excellent staff capable of meeting the Institutes
strategic and operational objectives.

Selection is made purely on the basis of job-related criteria and merit, where merit indicates the
extent to which a person has the relevant abilities, aptitude, skills, qualifications, knowledge,
experience and achievements (including community experience), characteristics and personal
qualities; and where applicable, the manner in which the person carried out the duties or functions
of any previous position or previous educational or other learning experiences; and the extent to
which a person has the potential for development.

The minimum age for employment at IBA is eighteen years. Applicants must have a Computerized
National Identity Card, without which an employment offer will not be made.

Favorable consideration will be given to applicants previously employed with IBA, and who have reapplied, subject to their past employment history and satisfactory performance.

For the purposes of IBA services, employees will be divided into the following main heads, namely:
A. Faculty
a. Full-time (regular/contract)
b. Visiting
B. Staff
a. Regular
b. Contract
c. Part-time
d. Daily-wage

A. Faculty
a. Full-time Faculty
The categories for full time faculty appointments are:
1. Teaching Fellow
2. Lecturer
3. Assistant Professor
4. Associate Professor
5. Professor
The qualifications and prior experience criteria for the above are available with Human Resource
Department.
IBA offers its faculty the choice to opt for the Tenure Track System at the Assistant Professor level
and above. The criteria and other details are available on the IBA intranet or with Human Resources.

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Professor Emeritus
The Institute may appoint a limited number of Professor Emeritus from eminent retired Professors
of the IBA in recognition of their scholarship, service to the IBA, education and research/publication. To
be appointed as Professor Emeritus, a Professor must have served the IBA for a minimum period of 10
years as Professor with an outstanding track record. The Director and BoG resolution by a majority
of the members recommend the appointment to this post.
b. Visiting Faculty
Visiting faculty members are appointed outside the tenure system on a year-to-year or
semester-to-semester basis. Such appointments are not permanent and carry no implication
of continuing connection with the Institute.
B. Staff
a. Regular: Full-time, permanent employees of the Institute.
b. Contract: Full-time employees hired for a specific period of time.
c. Part-time: Employees hired for a short duration, who are either present in the office only a
certain number of days of the week, or for part of the day during the week.
d. Daily-wage: Employees hired on daily-wages.

Pre-employment Medical Examination

All full-time and part-time faculty and staff members selected for employment at IBA, to whom the
medical benefit is extended, are required to undergo a pre-employment physical examination before
commencing employment.

As part of the hiring process, the Human Resource Department will issue a Pre-Employment
Medical Examination authorization letter along with the Offer for Employment letter.
The HR department will issue the appointment letter after receiving satisfactory results of the preemployment physical examination.

Work Week
IBA follows a 41-hour workweek for non-teaching staff and offers flexible timings as follows,
inclusive of lunch break:
Standard Office Timings:
Monday to Thursday, and Saturdays:
Fridays:

8:30a.m. to 4:00p.m.
8:30a.m. to 12p.m.

Flexible Office Timings:

Monday to Thursday and Saturdays:
Start: between 7:30am and 9:30 am
End: between 3:00pm and 5:00pm
Friday:
Start: between 7:30am and 9:30 am
End: between 11:00am and 1:00pm
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1. Flexi-time can only be used with the approval of the respective supervisor/ department head
and the HR department.
2. The agreed timing will be recorded by Leave In-charge and the approval will be placed in the
Personnel File of the employee, so as to avoid being marked late. Once a flexi-time schedule
has been opted for by the employee, he/she will not have the option of deviating from this
selected band of work-time, and his/her late timings will be marked according to this time slot.
3. The supervisor / department head reserves the right to refuse or partially approve the flexi-time
request, for example: the departments where seasonal assignments (e.g. audit, graduation, new
student orientation etc) require the staff to be presented on standard time can approve flexi-time
for non-seasonal duration only. In the same way, approval granted for flexi-time can be revoked
as per the need of the department/institution.

Attendance
In order to encourage employees to report to work on time every day and to take leaves of absence
only when absolutely necessary, the following rules apply to all non-academic staff. Faculty members
are not required to record their daily attendance in view of the nature of their work.
A 15-minute allowance for late arrival will be provided to all employees to accommodate an
occasional delay in reporting to work. However, an employee who arrives later than that, without
obtaining prior approval from his/ her Function Head, will be recorded as late.
1. An employee arriving later than the grace period of 15 minutes from his/her selected work timings

2.

3.

4.
5.
6.

7.

(i.e., normal or flexi-time), but within 2 hours of the start of the work timings, will have one-fourth
day of casual leave deducted; if no casual leave balance remains, then the deduction will be made
from the employees earned leave, and if no earned leave balance remains, then one-fourth days
salary will be deducted. On arriving late by 2-4 hours, half a day of casual or earned leave will be
deducted, or half day salary deducted if no earned leave balance is available.
One who arrives later than 4 hours after his/her work time, or doesnt come to work at all, without
notifying the supervisor will have one day of his / her casual leave deducted and he/she will be
marked absent for that day. If no casual leave balance remains, then earned leave will be adjusted
for the absence, or will be treated as leave without pay if no earned leave balance remains.
Employees, who foresee themselves availing casual or sick leaves or being unable to report to work
on time on a certain day due to unforeseen delays or emergencies, will need to obtain permission
from Functional / Departmental Heads in order to avoid being marked as having availed an
unauthorized absence.
Late comings must be marked in the attendance register each day by the nominated staff of each
campus.
The maximum limit of late comings each month will not be more than seven (07) days. Anyone
becoming late beyond seven (07) days will be served with a Show Cause Notice.
Any leave before and after Sundays and Gazetted/announced holidays will be treated as absence,
and casual leave deducted. If no casual leave balance remains, then annual leave will be adjusted
for the absence. If no annual leave balance remains, then the leave will be considered without pay.
All staff members (Regular / Contract) are required to intimate their respective In charge /
Supervisor, the time of departure and return, in case they have to proceed on any duty during the
working hours. A movement register may also be maintained by each function for this purpose.

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Good Attendance Reward

Grades 1-15 (or contractual equivalent) employees who have no absence or have not availed any
leave in a month, will be given 1 point, where 1 point is worth a reward of Rs.150. Employees in grade
16 and above will be rewarded Rs.300 for the same. Points will be totaled at the end of a quarter and
employees will be rewarded according to the number of points they have earned. An employee who
has 3 points will be awarded an additional Rs.450 (for employees in grades 1-15) and Rs.900 (for those
in grades 16 and above). This amount will be over and above the monthly reward amount.

Change in Personal Information

Faculty/staff members are required to inform Human Resources about any change in their personal
information (e.g. change of address or telephone number, marital status, birth of a child, etc.),
education qualifications, honorary appointment etc, so that the employee records can be updated.

Outside Employment or Business

Full-time faculty/staff members of IBA are not permitted to be engaged in employment with another
organization or have any financial/business interest with any other organization/entity even on a
part-time basis.

A faculty/staff member may take up a teaching activity in his/her free time (non work hours) at any
professional institution pertaining to his/her professional expertise for the purpose of professional
development, societal contribution, networking etc, but is not permitted to retain any form of
remuneration for the services rendered to avoid any conflict of interest.

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IBA Code of Business Conduct

The management requires all faculty and staff members to abide by the IBA Code of Conduct and
maintain the highest standards of work performance and conduct, abide by the established rules and
regulations, and to contribute effectively towards accomplishment of IBAs goals. This Code of
Business Conduct is binding on all employees throughout the Institute without any exceptions. All
employees are required to familiarize themselves with these codes.

Employee Behavior

Compliance with the Law

Compliance with the local laws in which we operate is an absolute requirement for IBA and its
employees. Each employee is expected to be familiar with the law as it applies to his/her job, and
management shall be responsible for the provision of necessary instruction and advice as appropriate.
Although few employees are legal experts, they are expected to use good judgment and common
sense in seeking to comply with all applicable requirements and to ask for advice from management
and/or from the Audit or Human Resources functions, as appropriate, when uncertain.
Regardless of the sanctions foreseen by the law, any employee guilty of a violation will be liable to
disciplinary consequences because of the violation of his/her employment duties and may entail
dismissal from service.

Responsibility for the Image of IBA

To a large extent, the image of IBA is determined by our actions and by the way each and every
one of us presents and conducts himself/herself. Inappropriate behavior on the part of even a single
employee can cause the Institute considerable damage.
Every employee should be concerned with the good reputation of the IBA in all aspects of
performing his/her job.
Every employee must focus on maintaining the good reputation of, and respect for, the Institute.

Respect for People

Each employee is entitled to fair, courteous and respectful treatment by his or her supervisors,
subordinates and peers. IBA will not tolerate discrimination or harassment based on race, sex, religion,
creed, regional/national origin, disability, age, family status or any other factor.
All employees shall conduct themselves in accordance with the letter and the spirit of these
principles. Any person who believes he or she has been discriminated against or personally harassed
should report the incident and circumstances to his or her immediate manager or Human Resources
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Manager or other senior manager. They will arrange for the incident to be investigated impartially and
confidentially.
IBA values the individuality, diversity and creative potential that employees bring to its business,
and supports the continuous development of their skills and abilities. Judgments about people for the
purpose of recruitment, development or promotion should be made on the basis of a persons ability
and potential in relation to the needs of the job. Only those elements relevant to the performance of that
job should be taken into account. Overall, success and advancement within the group must depend on
personal ability and work performance.
IBA does not employ individuals under the age of eighteen.

Honesty and Integrity

We respect the personal dignity, privacy, and personal rights of every individual. We tolerate no
discrimination and no harassment or offence. We are honest and ethical and stand by our
responsibility. These principles shall apply to both internal cooperation and conduct towards external
partners.

Avoiding Plagiarism
IBA has stringent rules for students regarding plagiarism when writing their papers, which are
available in the form of a booklet on the IBA Portal. The same rules apply to faculty members in their
research/publications.

Interaction with Business Partners

Offering and Accepting Advantages

No IBA employee may directly or indirectly offer or accept gifts, services or entertainment intended
for the personal use of an individual or employee or an agent of another corporation, organization or
government in return for specific favorable business decisions or treatment, neither in monetary form
nor as some other advantage.
Gifts to business partner employees must be selected so as to avoid any appearance of bad faith or
impropriety in the mind of the recipient.
Gifts must not be given to public officials or other civil servants.
Gifts will not refer to flowers and eatables like sweetmeats (mithai), chocolates etc, often given by
students to faculty and staff members in the department as a whole, or institutional giveaways of
nominal value.
Employees concluding contracts with consultants, intermediaries, agents, or comparable third
parties must see to it that these also offer or grant no unjustified advantages.
No employee may use his/her job title to demand, accept, obtain, or be promised advantages.
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Faculty/staff members should, as far as possible, politely decline the offer of gifts and communicate
that they are not permitted to do so as an institutional policy. However, if the presenter is insistent, the
faculty/staff member should inform him/her that the gift will not be retained but will be forwarded to the
Institutes Gift Bank.
Gifts received by a faculty/staff member must immediately be reported to the department head in
writing, and then forwarded to the Gift Bank maintained by the Internal Audit Department.

Special Rules for Awarding Contracts

Any bidder for a contract expects us to examine his/her bid fairly and without prejudice. Employees
whose work involves the awarding of contracts must particularly abide by the following rules:
The employee must inform his/her supervisor of any personal interest he/she could possibly
have in connection with the execution of his/her professional duties.
There must be no unfair discrimination for or against any suppliers in their competition for
contracts.
No employee may have private contracts fulfilled by companies with which he/she has business
dealings. This is particularly applicable if the employee exercises or is capable of exercising a
direct or indirect influence upon that company.

Donations
A donation is a gift given typically for charitable purposes and/or to benefit a cause.
The following rules apply to giving donations on behalf of IBA:
1. Donations to political or religious parties will not be made.
2. Payments to private accounts are inadmissible.
3. In no case may the grant be made to any person or organization that would damage our
reputation.
4. The donation must be transparent and must be approved by the Director IBA. The recipient of
the donation and the recipient's actual use thereof must be known.

Avoiding Conflict Of Interest

The IBA considers it important to prevent its employees from succumbing to conflicts of interest or
of loyalty in their professional activities. Such conflicts can come about if an employee is active on
behalf of, or has interests in, another company. The following examples of conflict that must be
declared and resolved include:
having a family interest in a transaction with IBA or any supplier of IBA, including through a
family member acting as an officer of the counterparty company;
being an employee or consultant or advisor to, or being a shareholder of any counterparty in a
transaction with IBA or of any supplier of IBA;
hiring or encouraging others in the Institute to hire a family member in any capacity who doesnt
otherwise qualify on merit;
having an interest in a competitor or supplier IBA including acting as an officer, director,
employee or consultant or advisor to or being a shareholder of any competitor, supplier or joint
venture partner;
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having an interest in an organization that has, or seeks to do business with IBA, including acting
as an officer, director, employee or consultant or advisor to or being a shareholder of any
competitor, supplier or joint venture partner;
acting as an elected or appointed official of any branch of government or any government
agency, or as an advisor or consultant to any government agency, which has any regulatory or
supervisory power over IBA;
making unauthorized use of the IBA name or letterhead or otherwise representing oneself as a
representative of IBA to the public, any governmental agency or public interest group regarding
policies or positions;
having any other business interest or relationship in which it might appear to third parties that an
employee has the ability to influence IBAs decision-making so as to obtain a monetary or other
benefit for the employee, his or her spouse, child or close family member.
intending to begin paid sideline activities; he/she must inform his/her immediate superior
beforehand in writing in such an instance. Permission for such activities may be denied if it
leads to a decrease in work performance, contradicts the employee's duties within the IBA, or
threatens to present a conflict of interest. Exceptions are occasional writing activities, lectures,
and comparable occasional activities.

Any employee wishing to know whether an outside business interest represents a conflict of interest
must ask the designated senior manager in advance.

Handling Of IBAs Property

Assets
Assets of the IBA such as vehicles, equipment, furniture & fixtures, machinery, spares etc are to be
used exclusively for IBA business, unless specifically authorized, as in the case of Company-assigned
cars, laptops, mobile phones, etc.

Information Handling
In no case may any information be retrieved or transmitted which incites racial hatred, glorification
of violence, or other criminal acts.
No employee shall be permitted without the consent of his/her superior to make records, databases,
recordings or reproductions unless this is done for IBAs business.

Records and Reports

Open and effective cooperation requires accurate and truthful reporting. This applies equally to the
relationship with investors, employees, customers, and business partners, as well as with the public
and all governmental offices.
Any records and reports produced internally or distributed externally must be accurate and truthful.

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Confidentiality
Confidentiality must be maintained with regard to internal matters, which have not been made
known to the public.
The obligation to maintain confidentiality shall extend beyond the termination of the employment
relationship.

Data Protection and Security

Personal data may only be collected, processed, or used insofar as this is necessary for predetermined, clear, and legitimate purposes. High standards must be ensured with regard to data quality
and in technical protection against unauthorized access. The use of the data must be transparent for
those concerned; and the rights of the latter must be safeguarded with regards to information and
correction and, if applicable, to objection, blocking and deletion.

Electronic Media Usage

IBA provides access to and use of electronic mail, the intranet and the Internet for business
purposes. We do this to make it easier for IBA employees to communicate with each other and with
appropriate outside parties including contractors, suppliers, and government agencies and other
academic institutions.
We must not use IBAs electronic media for any purposes that violate applicable laws, rules and
regulations or IBA standards, policies or procedures. This includes transmission of threatening,
obscene or harassing materials.
Incidental personal use of electronic media that does not interfere with IBAs business or an
employees performance of his or her responsibilities is acceptable, as long as such use does not
include illegal, unethical or otherwise offensive subject matter.
Except as otherwise provided by applicable law, no employee has any right to privacy regarding
use of or access to any electronic media provided by or through IBA. IBA may monitor or access officer
or employee use of its electronic media at any time in accordance with applicable law.

Implementation
The management of IBA shall actively foster the widespread distribution of the Code of Business
Conduct and see to it that they are implemented permanently.
Compliance with the law and observance of the Code of Business Conduct shall be monitored on a
regular basis.
In none of these areas can the Code serve as an exhaustive statement of policy and practice.
Reference should be made, where applicable, to the detailed policies, guidelines and rules referred to
above. The standards set out in the Code are general and do not address each and every situation
which may confront employees at IBA. Guidance on the application of the Code to particular situations
should therefore be sought from management or from the Human Resources, or Audit functions, as
appropriate.
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10

Grievance Handling and Code of Conduct Violations

It is the policy of the Institute to provide every employee the right to an internal review of a
condition, decision, or treatment unsatisfactory to the employee and affecting his or her employment.
Open communications between supervisors and employees are strongly encouraged to assist in
effective and timely resolution of employee issues. Human Resources staff is also available to discuss
any matters brought forward and assist in informal problem resolution. Retaliation in any form against
an employee initiating a grievance is prohibited.
The purpose of the grievance procedure is to provide a system for addressing Code of Conduct
violations or other work-related issues. Matters of IBA policy cannot be grieved.
Definition:
A grievance is defined as any dissatisfaction, complaint, irritation or any misunderstanding of an
employee or group of employees concerning a matter or situation related to work or management or
any other employee. Some examples of grievances are listed below.

Grievances relating to the terms and conditions of employment;

Grievances relating to the work relationship between an employee and colleagues, supervisor
and/or Line Manager;
Grievances relating to various types of harassment, including sexual harassment;
Grievances resulting on account of victimization of an employee.

IBA strongly encourages all employees to try and resolve issues before they become grievances by
discussing them informally with their supervisor/department head and/or HR Manager/Director.
When informal approaches have been exhausted and the issue has not been resolved, the
employee has the option of resorting to a formal grievance procedure, which can range from lodging a
formal written grievance with the Department Head all the way up the Director IBA. The detailed
Grievance Procedure Rules and Regulations available with HR or on the portal explains the process,
along with a suggested list of misconduct which will be considered a Code of Conduct Violation, and
resulting disciplinary actions, which can be:
a.
b.
c.
d.
e.
f.
g.

Verbal Warning(s) / Reprimand(s)

Written Warning(s) / Reprimand(s)
Transfer to another position
Demotion
Withholding of promotion or increment not extending one year
Restitution in whole or in part any pecuniary loss caused to the organization due to the
negligence, dishonesty or any other act of omission
Instant Dismissal

The Employee Grievance Procedure is not a legal proceeding and no legal representative will
participate.

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11

Employment of Relatives
Standards for hiring, promotion, reappointment, and evaluation, working conditions, responsibilities,
salary and termination for all employees at IBA are based on ability, qualifications for the position, and
performance. Relationship (meaning connection between persons, hereinafter referred to as "relatives,"
by blood, marriage, adoption, or other personal relationship in which objectivity might be impaired) to
another individual employed by the Institute shall not constitute a bar to hiring, promotion or
reappointment; provided, however, that no employee shall be under the direct supervision or control of
a "relative." Employment of "relatives" in the same unit or department or under the same supervisor is
authorized only with the prior written approval of the head of the unit or department and the Office of
Human Resources or the Director, as appropriate. In addition, "relatives" should not participate in roles
that have the potential for influencing employment decisions, e.g., peer review.
General Principles:
a) To avoid possible conflicts of interest, any director, chairperson/supervisor or participant in peer
or administrative review procedures who is a "relative" of an employee or job applicant must not
participate either formally or informally in decisions (including rendering advice on decisions) on
personnel matters affecting the "relative," including, but not limited to, decisions to hire, retain,
promote or determine the salary.
b) In cases where a chairperson/supervisor has primary responsibility for evaluation or for
assignment of duties (e.g., a department chairperson's supervision of faculty in the department),
no employee may supervise a "relative." An appropriate individual must be designated by a
higher level of authority to perform the functions of chairperson/supervisor in decisions to hire,
retain, promote, assign duties or set the salary of the individual "related" to the
chairperson/supervisor. Within the limitations set forth above, individuals "related" to other IBA
employees have all general rights extended to employees in comparable positions. For
example, a faculty member has the right to serve on a departmental peer review committee
even though the committee will consider a relative; the faculty member, however, would not
participate in the review of the "relative." Supervision and evaluation procedures, even when
altered, should ensure comparable treatment of employees. In circumstances which have the
potential for the conflicts of interest referenced in item (a), individuals have the responsibility for
disclosing that a conflict of interest may exist to the department chairperson, school director, or
other relevant supervisor; the specifics of the potential conflict do not have to be provided.
Decisions about individual cases should be made on the basis of these principles. In cases
where the application of a principle is disputed, the administrator/supervisor at the next level
may be asked to assist in resolution.

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HR Policies
Leave Policy
Please refer to the detailed Leave Rules and Regulations on the IBA portal (intranet) or to the HR
Department for procedures and other details of leave policies.

Earned Leave (Annual Leave)

IBA strongly promotes a healthy work-life balance, and encourages all its employees to avail their
annual leave when due. Department/Function Heads are should have their subordinates submit a leave
plan in advance, so that so that leave of each department can be appropriately managed.
ENTITLEMENT:
Non-Teaching Staff:
30 calendar days per year, which will accrue from the date of appointment on a monthly basis, i.e.
2.5 days of leave per month of employment. Faculty can only avail their leave during the semester
break, as no leave will be allowed to them during the semester other than in case of medical
emergency.
ELIGIBILITY:
Earned Leave can normally be availed after successful completion of the 3-month probation period,
up to the maximum accrued entitlement. However, if circumstances so require, the Department Head/
Director may permit Earned Leave for the year even earlier subject to approval.
An employee may be advanced leave not yet earned at the discretion of the Department Head, up
to the maximum annual entitlement of 30 days.
An employee can utilize his/her earned leave balance to count towards notice period prior to
separation from employment.
ACCUMULATION:
Non-Teaching Staff and Teaching Staff:
The earned leave(s) of non-teaching and teaching staff shall accumulate without limit and shall not
lapse except on retirement or resignation from service of an employee.
ENCASHMENT:
Non-Teaching Staff:
A non-teaching employee will be able to obtain encashment from his / her accumulated balance of
leaves for a maximum of 30 days in a calendar year. An employee who leaves service (on account of
end of contract, resignation or retirement) will be permitted to encash up to a maximum of 180 days of
accumulated leave. Any accumulated balance over and above this will lapse.
Teaching Staff:
Teaching staff will not be able to encash their leave or obtain any benefit in place thereof, unless
the IBA engages them in some mandatory activity during the semester break.

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13

.OTHER RULES:
Earned Leave entitlement for the current year commences on January 01 of that year.
A full-time employee (both teaching and non-teaching) joining during the course of the year will
have his/her Earned Leave entitlement for that year computed on a pro-rated basis.
Holidays (i.e. weekends and holidays as notified by the Federal or Provincial Government) falling
within the period of any kind of leave shall be counted as leave, with the exception of major
religious celebrations like Eid (both Eid-ul-Fitr and Eid-ul-Azha), Christmas, Diwali and Nauroz.
These specified holidays may be added either to the beginning or to the end of the leave period
with the permission of the sanctioning authority.
Employees are not allowed to accept employment, part time or under any other arrangement, in
any other trade or organization while on leave from the IBA.

Sick Leave
ENTITLEMENT:
Up to 10 working days paid sick leaves, i.e. leaves for medical emergencies, per annum.
ELIGIBILITY:
Faculty/staff members are eligible to avail paid sick leave from the date of appointment at IBA.
OTHER RULES:
Sick Leave entitlement for the current year commences on January 01 of that year.
An employee joining during the course of the year will have his/her Sick Leave entitlement for that
year computed on a pro-rated basis.
Sick Leave and Earned Leave may be subjoined if required, but Casual Leave cannot
immediately follow Sick Leave.
Sick leave can neither be encashed nor accumulated.
In all circumstances it is required that a medical certificate from a PMDC-registered Medical
Practitioner be submitted along with the Leave Application on the 3rd day of absence, if more than
two days sick leave has been taken consecutively.

Casual Leave
Casual Leave may be permitted, at management discretion, to meet urgent personal responsibilities
which may be sudden in nature, e.g. a domestic emergency, or are known in advance or can be
planned e.g. marriage in the immediate family, license renewal, a visit to childrens school, etc.
depending on the nature of the situation. Casual leave may also be granted in case of absence due to
situations beyond the employees control, inclement weather conditions (e.g. heavy rains), a transport
strike, a or similar situations which prevent an employee from reaching work on that day.

ENTITLEMENT:
Non-Teaching Staff:
Up to 10 working days casual leaves per annum. Casual leave accrues on a monthly basis, i.e. 0.8
days of casual leave per month of employment.
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14

Teaching Staff:
Keeping in mind the flexible working hours of teaching staff, there is no provision for casual leave.
ELIGIBILITY:
Casual Leave entitlement is effective from the date of appointment at IBA, up to the maximum
accrued entitlement.
OTHER RULES:
Casual Leave entitlement for the current year commences on January 01 of that year.
Those employees joining during the course of the year will have a pro-rated Casual Leave
entitlement for that year.
An employee may request casual Leave for a full day or half the day depending on the
circumstances. Accordingly, the supervisor may sanction casual leave for a full day or half the day
depending on operational circumstances in the department.
Casual Leave cannot be subjoined with Earned Leave, nor can it be subjoined at the end of a Sick
Leave period.
There is no accumulation of casual leave. Any un-availed casual leave automatically lapses at the
end of each year.
There is no encashment of casual leave.
Any casual leave taken above three consecutive days shall be treated as annual leave and
adjusted against the same. If a public holiday or weekend comes between two casual leaves, it
will be counted as three consecutive days of casual leave.

Maternity Leave
ENTITLEMENT:
A female employee of the IBA is entitled to maternity leave, leave in regard to childbearing
responsibilities, for a maximum period of 90 days with full pay without debiting the Annual Leave
account.
Maternity leave can be sanctioned for a maximum of three times in the entire service of the
female employee. Any further application will be approved against accumulated annual leaves
account.
ELIGIBILITY:
All full-time and part-time faculty and staff members who have completed at least one year of
service with IBA and who are on a contract of 1 year or more.
Female employees on contractual appointment of less than 1 year will not be entitled to any
salary during the period of maternity leave.
OTHER RULES:
A doctors certificate is required to be submitted when requesting maternity leave.
Maternity leave can neither be encashed nor accumulated.

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15

Conference Leave
Conference Leave refers to leave granted to:
Deliver lectures, as invited speakers.
Present papers at conferences and other professional forums.
Attend conferences, seminars.
ENTITLEMENT:
A maximum of 15 working days in a year. Leave days will include travel time.
ELIGIBILITY:
Full-time faculty members of IBA.
Employees on conference leave will not have their leave accounts debited for the period of
conference. They will be paid the same remuneration during their absence they would otherwise have
earned.

Study Leave
ENTITLEMENT:
Leave for foreign or local training or study leave may be allowed up to a maximum of four years with
the prior approval of the Director IBA. The IBA will support foreign training of its employees only if the
training / study are in an area of interest to the IBA.
ELIGIBILITY:
Full-time faculty members who have completed at least 2 years continuous employment with IBA.
SALARY PAYMENT:
During the period of foreign training / study leave, 100% salary will be paid up to a maximum of 4
years that the faculty member is away for coursework.
OTHER RULES:
The employee on study leave is not allowed to avail any other leave, nor will earn leave
accumulate during this period of absence.
For such employees it would be necessary to sign a service bond as per the following schedule,
and provide any other documents required by the IBA:

1-year study leave

2-year study leave
3-year study leave
4-year study leave

1.25 years bond

2.5 years bond
3.75 years bond
5 years bond

A change/extension in the study leave will result in the corresponding change in the required
bond period.
The IBA will also provide these employees economy class return air ticket for visa purpose and
once for departure / arrival.
Breach of the service bond will necessitate the employee to refund the salary paid to him/her
during the study leave period, as well as cost of the return air ticket(s).
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16

Faculty members who request to go on study leave without pay will not be required to sign a
service bond.
A faculty member is eligible to go on another study leave after fulfilling the relevant service
bond.
Salary will only be transferred in Pakistan rupees to the employees bank account/any other
account as specified by employee anywhere in Pakistan. Foreign currency remittance facility will
not be available.

Compensatory Leave
Compensatory Leave refers to leave granted in lieu of work done on a public holiday, on being
scheduled or formally and specifically asked to do so by the department head/ supervisor. "Public
holiday" is a holiday declared by the Federal/Provincial Government, and announced by the Institution.
ELIGIBILITY:
IBA staff who are not entitled to overtime.
GENERAL RULES:
a) Compensatory leave must be availed within the next two months of the public holiday(s) worked
on.
b) Compensatory Leave cannot be accumulated or enchashed, nor can it be subjoined with any
other leave - Sick, Casual, or Earned Leave.

Sabbatical Leave
IBA encourages its faculty members (including administrative officers who hold faculty rank) to
engage in scholarly research or other activities that will increase their scholarly achievement or their
capacity for service to the IBA.
ELIGIBILITY:
All full-time faculty members (regular and contract, tenured, non-tenured) at Assistant Professor
level and above, having continuing appointments who have completed at least six consecutive years of
full-time service at IBA are eligible for sabbatical leave. In computing consecutive years of service,
periods of vacation leave and periods of sick leave with salary shall be included; periods of leaves of
absence, other than vacation and sick leave with salary, and periods of part-time service shall not be
included but shall not be deemed an interruption of otherwise consecutive service.
OTHER RULES:
A sabbatical leave will not be granted for the purpose of taking regular academic or other
employment of pecuniary advantage elsewhere.
Sabbatical Leave cannot be subjoined with any other leave like Earned Leave.
There will be no leave accrual in the period during which the faculty member is on Sabbatical
leave. This includes earned leave, sick leave and casual leave.
A faculty member becomes eligible for a subsequent sabbatical leave provided that the minimum
required contract years, i.e. 6 years, of full-time service has elapsed since the end of the previous
sabbatical leave.
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17

TERM AND COMPENSATION OF THE SABBATICAL:

Sabbatical leave will be granted to the eligible faculty member for a maximum of one academic
year (Spring, Summer and Fall semesters), inclusive of travel time if they are going out of the
country for research.
Percentage of salary paid while on Sabbatical: 75%
Leave start dates are fixed as follows:

First day of the Spring Semester

First day of the Summer Semester
First day of the Fall Semester

A year's leave starts and finishes on one of the above dates.

Leave Preparatory to Retirement (LPR)

LPR is applicable only to existing regular employees (both Option A and Option B) as per the
following rules:
a) The maximum period, up to which an employee may be granted leave preparatory to retirement,
shall be three hundred and sixty five days. This is applicable to those employees who have
accumulated leaves prior to any subsequent change that may occur in the earned leave policy.
b) Such leave may be taken, subject to availability, either on full pay, or partly on full pay and partly
on half pay, or entirely on half pay, at the discretion of an employee. The pay will be the last
drawn gross salary on of the day the employee goes on leave.
c) An employee may, fifteen months before the date of superannuating or thirty years of qualifying
service, at his/her option, be allowed to encash his/her leave preparatory to retirement if he/she
undertakes in writing to perform duty in lieu of the whole period of three hundred and sixty-five
days or lesser period which is due and admissible.
d) In lieu of such leave, leave pay may be claimed for the actual period of such leave subject to a
maximum of one hundred and eighty days of accumulated leave.
e) If at any time during such period leave is granted on account of ill health, supported by medical
certificate, or for performance of any religious obligations (e.g. Hajj, ziarah, etc.), the amount of
cash compensation on account of leave pay shall be reduced by an amount equal to the leave
pay for half the period of leave so granted.

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18

Employee Medical Policy

IBA offers all its full-time employees unlimited coverage with their spouses, dependent children and
parents for Medical facilities of hospitalization across Pakistan.
ENTITLEMENT:
a) Hospitalization and any treatment required during hospitalization in emergency and nonemergency cases in the panel hospitals (list available on the IBA portal) subject to the following
deduction schedule in case of treatment at any panel hospital other than Liaquat National Hospital
(LNH):
Deduction % on the
Hospitalization Expense
0%

S.#

Name of Panel Hospitals

1.

Liaquat National Hospital

2.

Ibn-e-Seena Hospital Complex

15%

3.

Patel Hospital

35%

4.

Aga Khan University Hospital

50%

5.

City Medical Centre & General

Hospital

6.

Karachi Adventist Hospital

15%

7.
8.

OMI
Chiniot Medical Centre
Nehal Hospital

40%
5%

9.
10.
11.

National Institute of
Cardiovascular Diseases (NICVD)
Dr. Ziauddin Hospital/Cancer
Hospital/Medical University Hospital

As per Comparison
with LNH

20%
As per Comparison
with LNH
20%

b) Hospitalization and any treatment required during hospitalization in emergency and non-emergency
cases in non-panel hospitals, reimbursable on the basis of agreed rates of LNH.
c) Laboratory & diagnostic tests, blood transfusion, medicines, vaccines or other therapeutic
substances declared essential for the recovery of the patient as prescribed/recommended by the
attending physician during hospitalization.
d) Pharmacy/Medicines & Surgical Items required during hospitalization at hospital (panel & nonpanel) other than LNH are covered at its actual cost.
e) For treatments that are not available at LNH, employee can avail that facility at any other hospital at
actual however employee will need to inform the designated HR Executive accordingly, otherwise
deduction rule will apply.
f) Minor and Major Surgeries, including Day Care Surgeries.
g) Maternity facilities including prenatal & postnatal treatment in case of hospitalization only.
h) Diagnostic tests, prescribed medicines, consultation fees 15 days before admission and 15 days
after discharge from the hospital related to that particular hospitalization case.
The hospital room entitlement per BPS grade or equivalent is as follows:
Grade 20 & above
Grade 17-19
Grade 14-16

Executive Room
Private A/C Room
Private Room Ward
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19

Grade 5-13
Grade 1-4

Semi Private Ward

General Ward

ELIGIBILITY:
All full-time regular and contractual staff and faculty members are eligible for the medical facility
from their date of appointment along with their eligible dependents. which include, spouse; in case of
more than one wife, only the wife nominated by the employee will be eligible; unmarried daughter(s)
with no age restriction till she/they get independent either by way of marriage or employment;
unmarried son(s) up to the age of 25 years who is/are financially dependent on employee and not
gainfully employed; mentally retarded children with no age restriction and financially dependent
parent(s).
EXCLUSIONS:
(a) Hospitalization expenses outside Pakistan.
(b) OPD/Outdoor medical care/medications and Radiotherapy administered in outpatient care.
(c) Charges for phone calls, attendant/guest meals during hospitalization and private nursing etc.
(d) Expenses pertaining to any cosmetic treatment.
(e) Facilities availed in excess of entitlement will be borne by the employee (e.g. if bed entitlement
is general ward but employee takes a semi-private room, the difference in charges will be borne
by the employee).
(f) Treatment in an emergency ward not resulting in hospitalization is not covered.
(g) Treatment resulting from participation in war, riots, civil commotion or any illegal act including
resultant imprisonment; War, Invasion, act of foreign enemy, hostilities, etc.
(h) Tests or treatment related to contraception or sterilization.
(i) Hospitalization due to injuries resulting from rock climbing, mountaineering, pot-holing,
skydiving, parachuting, hang-gliding, para-sailing, ballooning, all diving and surfing, racing of
any kind other than on foot and all professional sports.
(j) Expenses incurred as an organ donor.
(k) Dental examinations, x-rays, extractions / surgical extractions, fillings and general dental care.
(l) Self-inflicted injury including attempt at suicide, abuse of alcohol, drug addiction or abuse,
sexually transmitted disease and any treatment or test in connection with Acquired Immune
Deficiency Syndrome (AIDS) or any AIDS related to conditions or diseases.

Employee needs to inform the relevant HR Executive in case s/he has availed hospitalization for
treatment which is not available at LNH otherwise deduction rule will apply.

For other details of the Medical Policy and a detailed procedure as to how to avail the medical
facility in panel and non-panel hospitals, please refer to the Medical Policy Rules and Regulations
on the portal.

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20

Traveling and Accommodation

The traveling entitlements, daily allowance and lodging allowance entitlements of faculty and
staff are applicable only when the faculty or staff member travels for official work within or
outside of Pakistan outside of Karachi. The allowances are as follows:
ELIGIBILITY:
All employees in BPS 17 & above (or equivalent grade) of the IBA will be eligible for the
following for travel and accommodation entitlements depending on their position/ grade as
stated in Traveling & Accommodation Policy of the IBA:

Grade
(equivalent
in contract
hiring)

Air Travel
Designation

Accommodation
Per Diem

Domestic

Intl

Dom
estic

Economy
Plus

Business
Class

5
Star

5 Star

Intl

22

Dean &
Director IBA

20

Directors /
Associate
Deans

Economy
Plus

Business
Class

5
Star

4 Star

20

Professor /
Officers

Economy
Plus

Economy

5
Star

4 Star

19

Associate
Professor /
Officers

Economy
Plus

Economy

5
Star

4 Star

18

Assistant
Professor /
Officers

Economy

Economy

5
Star

3 Star

Actual*
including Mini Bar
OR Rs.2100/- DA as per
IBA Policy
Actual*
OR Rs.2100/- DA as per
IBA Policy
Actual*
OR Rs.2100/- DA as per
IBA Policy
Actual*
OR Rs.1750/- DA as per
IBA Policy
Actual*
OR Rs.1750/- DA as per
IBA Policy

Actual*
OR Rs.1400/- DA as per
IBA Policy
* Per Diem at actual is restricted to breakfast (if complimentary breakfast is not provided), plus two meals
a day for self, reimbursement of rent-a-car (1300 cc maximum) at actual for official purposes only. The
reimbursement of per diem at actual bill will be subject to production of proper bills. Reimbursement of
bills for mini-bar and personal telephone calls is not allowed (already approved by the Board of Governors
IBA). Either Actual or Daily Allowance may be availed, not both.
17

Lecturer/
Officers

Economy

Economy

4
Star

3 Star

The Travel Section of the IBA will make all air travel and hotel arrangements. However, if
the approved hotel/ room in the approved hotel are not available, the incumbent will arrange the
accommodation by himself/ herself and claim reimbursement as per his/her entitlement.
Persons desiring to travel by upper class not allowed in the policy may do so. However,
they will have to pay the difference on their own.
Employees going on HEC funded program will be governed by the HEC T.A./D.A. rules.
For employees below grade 17 or equivalent, Daily Allowance, Lodging Allowance and
Lodging Reimbursement are proposed as under.
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21

Lodging Allowance
(Rs.)
. Grade in BPS
or equivalent

Daily Allowance (Rs.)

(for those persons who

use private
accommodation and do
not claim lodging
reimbursement)

Lodging Reimbursement
(Rs.) *
(maximum allowed for hotel
room charges)

12 16
1050
1050
2625
7 11
875
875
1750
56
700
700
1400
Below 5
525
525
1050
* The above is the maximum reimbursement (subject to production of original bills), inclusive
of additional facilities used at the hotels, e.g. laundry, telephone, etc.

OTHER RULES:
1. The Travel Section will make all travel arrangements other than by train or by road.
2. Accommodation for female employees traveling within Pakistan could be at hotels other
than those specified or as per their entitlement levels, if so required in view of safety and
security considerations, if applicable.
3. Employees in BPS 17 & above or equivalent are allowed to travel by train in Air
Conditioned Sleeper and employees of BPS 16 & below or equivalent are allowed to travel
by train in Lower Air Conditioned. Rent-a-Car is allowed for traveling by Road to BPS 17
& above or equivalent and for BPS 16 & below or equivalent Air Conditioned Bus/Daewoo
service is allowed. The concerned departments will make these arrangements directly.
4. If employees of different grades/ positions are traveling in groups, their respective travel and
accommodation entitlements will apply. If an employee opts for a lower grade of travel or
accommodation, this would be permitted; however, he/she would not be entitled to receive
any payment in lieu of the difference in cost.
5. In exceptional cases the Dean & Director can give the approval for traveling by air to grade16 & below or equivalent.
6. An employee traveling abroad for official purposes is required to have the validity of
passport for at least six months from the intended date of travel. Passport renewal fee or
any other related fee will have to be borne by the employee.
7. Non-management staff required to travel in relation to their work assignments would not be
eligible for overtime payments for the travel / commuting duration, if the same is after normal
work hours or on weekly / public holidays.
8. All admissible travel expenses will be reimbursed in accordance with the IBA Travel &
Accommodation Policy. The travel expenses claim must be made on a completed Travel
Expense Report duly supported by original vouchers / bills.
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22

9. Cash Advances To help ensure accurate and timely expense report preparation and
reduce the additional paperwork required to process and track advances, the IBA generally
discourages cash advances other than for TA and DA unless special circumstances apply.
Employees are encouraged to use credit cards with a grace period to provide float time
between incurring the expense and receiving reimbursement from the company.
10. Car Rentals If a car is required at the destination, the travel department will make an effort
to make advance arrangements. Vehicle selection will be based upon the most costeffective class that satisfies requirements for the employee(s) and any equipment. If IBA
vehicle is used then no travel allowance will be paid to the employee. However, in other
cases travel allowance will be reimbursed according to the lesser of expense or per diem
rate pre-approved by the management.
11. Taxi Fare Actual taxi fare shall be reimbursed as per receipts submitted by employee.
However, reasonableness must be ensured by Finance Department.
12. Airport/train station/bus stand pickup and drop in Karachi will be provided by IBA.

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23

Compensation

Salary Payment
Salary payment of all regular and contract full-time faculty and staff members is done
through a bank transfer or by cheque (if a faculty/staff member so requests), before the last
working day of the month. Salaries are disbursed by the Payroll Department, in the Finance
Division.

Annual Salary Increase

Faculty and staff members are eligible for an annual salary increase effective April 01
every year, subject to their having been in employment with IBA as of July 01 or before
of the previous year, i.e. a minimum of 6 months of service as at the last day of the
increment cycle is required, in order for an employee to be eligible for a pro-rated salary
increment.

For staff, annual salary increase is based on his/her performance during the past year,
which is formally assessed by the supervisor in writing and shared with him/her (through
the performance management process).

Faculty members are given a general annual salary increase, and an additional merit
increase to those eligible for this, based on their performance during the preceding year.

Annual salary increase percentages are based on the salary increase budget for the
year.

Overtime Work and Compensation

Employees up to grade 16 who are formally asked to perform work beyond their regular
scheduled hours in order to meet operational needs as overtime work will be
compensated for this within the limits of the IBAs policy for the same.

Only the relevant Head of Section/Department Head will authorize overtime work. The
nature and need for overtime work, and the number of overtime hours of work required
must be described in detail on an Overtime Request Form/Register.

Recourse to overtime as a means for supplementing emoluments is not permissible.

Overtime payments require written approval of the relevant Head of the Department.

Overtime up to 3 hours a day and 30 hours a month can be worked without prior approval
of the Director.

Approval of the Director is required for overtime work exceeding the limits as mentioned
above, in addition to the Head of Department.
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24

Overtime is paid along with salary through payroll.

Overtime is paid for each hour in accordance with the following formula for calculating
hourly rates:
Regular staff:
Contract staff:

2 x Basic Salary/150 hours

Monthly Gross Salary/150 hours

If an employee above grade 16 works beyond four office hours in any given work day,
he/she should be provided dinner and transport or taxi fare.

Fee Concession Program

A full-time IBA faculty or staff member, his/her spouse or one child, having obtained
admission into the IBA will be given a 100% fee concession/waiver.

This benefit will be available after at least one year of service at the IBA. If the employee
decides to leave the IBA, the benefit will be immediately cancelled.

The above benefit is not provided to part-time teachers.

Note: Admission to the candidate will be given strictly on merit and as per normal IBA
admission procedures.

Staff Welfare Fund

The institute operates a Staff Welfare Fund for promoting general welfare of permanent
employees in grades 1 to 16.

Under the Staff Welfare Fund, interest free loans are provided from the Fund to meet the
following requirements:
a) Education of employees or their children
b) Medical Expense
c) Marriages in the employees immediate family
d) House repairs
e) Any other purpose specifically authorized by the Director at his sole discretion.
Any special approvals will not serve as precedents for the future.

Maximum ceiling of loan from the Welfare Fund will be Rs. 10,000/- per loan. Only one
loan will be permitted per employee at any one time. A second loan will only be
sanctioned when the previous loan is cleared.

Loans will be repaid in 10 equal monthly installments, to be deducted from salary.

Canteen Facilities
IBA has a small canteen on its premises that provides a limited assortment of snacks. Other
food items are available in the Karachi University canteen.
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25

Performance Management
Probation Period
Non-teaching staff and faculty appointed at IBA will be on probation for 3 months, on the
expiry of which they will be issued a letter of successful completion of probation on the report of
the Department Head. On successful completion of probation period, the service will count from
the date of appointment. However, the Department Head, in coordination with HR, may extend
the period of probation, if required.

Performance Appraisal
Performance appraisals are conducted on an annual basis through a formalized process for
both faculty and non-faculty staff who been in employment with IBA as of July 01 or before of
assessment year, i.e. who have a minimum of 6 months of service as at the last day of the
increment cycle are eligible to participate in the Performance Appraisal cycle. The details are
available with HR or on the IBA portal.

Separation
Resignation, Termination
Resignation:
A faculty member (regular/contract, full-time and part-time), or staff member
(regular/contract), who has successfully completed the probation period and is intending to
leave IBA must give a written notice of intention to resign at least one month before he/she
intends to leave.
The faculty/staff member intending to resign will inform his/her department head of this
formally in writing, indicating the last day of work, and preferably also stating the reason(s) that
have led to this decision.
If the faculty/staff member decides to discontinue employment with IBA during the probation
period, then no notice is required.
An employee can utilize his/her earned leave balance to count towards notice period prior to
separation from employment. If there is no leave balance, and the faculty/staff member is
unable to serve the required notice period or a portion thereof, he/she will be required to pay the
IBA, in lieu thereof, an amount equivalent to his/her salary for the requisite notice period not
served.
The Human Resource department will obtain final clearance from all relevant departments in
accordance with the separation checklist, which is then forwarded to the Finance Division
(Payroll Department) for the settlement of dues.
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26

Termination:
As per the terms of employment, during the probation period, an employees services may
be terminated at any time without any prior notice, or any remuneration in lieu of. In that case,
the employee will only be entitled to receiving salary up to and including the day of termination
of services.
In the event that an employee is terminated for cause, the separation from the IBA will be
with immediate effect and no deductions will be made from employees salary in lieu of notice
period, nor will IBA owe the employee any notice pay.

Retirement
All IBA employees shall retire at the age of 60 years, provided that the IBA may, in public
interest with the prior consent of the Director and subject to physical fitness, re-employ a person
beyond the age of 60 years for a period not exceeding 2 years at a time, on the salary not
exceeding the one he/she drew when he/she attained the age of 60 years, and further provided
that prior sanction of the Patron will not be necessary in case of a BPS-5 employee (or
equivalent) if he/she is in sound health and capable of performing his/her duty for which a
certificate from the Medical Officer shall be necessary.
A faculty/staff member will be informed of his/her retirement date one year in advance of the
effective date through the HR Department.
During post-retirement employment, a faculty/staff member will not be entitled to any other
benefits.

Wearing of IBA Employee Identity Card

As part of an ongoing effort to maintain good security practices, it is mandatory for all IBA
staff, inclusive of full time, part time, daily wagers, whether regular or on contract, to wear IBA
identity cards while on duty. These cards will be prepared by the Human Resources Department
to ensure that only authorized staff are on IBA premises at all times, all employees are required
to keep the Employee ID card on their person, display it while entering into the IBA premises
and continue wear it during their duty timings.
IBA security staff on duty is authorized to request any person entering IBA to prove / show
their identity and wear IBA identity card around their neck or hang it with their shirt pocket etc.

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27

Academic Freedom of Faculty

IBA recognizes the importance of academic freedom for unhampered inquiry and exchange
of ideas essential to the intellectual life of an institution of higher learning. Academic freedom is
a right of every faculty member and every student. It implies the obligation to respect and to
support the academic freedom of all other members of the Institute academic community. The
responsibility for preserving academic freedom at IBA rests equally with the faculty and the
administration. Academic freedom for the teacher implies the right to an unfettered search for
truth and its exposition in his or her chosen field of expertise or scholarship.
Specifically, the following principles of academic freedom are endorsed by IBA:
a) Teachers are entitled to full freedom in research and in the publications of the results,
subject to the adequate performance of their other academic duties; but research for
pecuniary return should be based upon an understanding with the authorities of the
institution.
b) Teachers are entitled to freedom in the classroom in discussing their subject, but they
should be careful not to introduce into their teaching controversial matter that has no relation
to their subject. Limitations of academic freedom because of other aims of the institution
shall be clearly stated in writing at the time of appointment.
c) College or university teachers are citizens, members of a learned profession and officers of
an educational institution. When they speak or write as citizens, they should be free from
institutional censorship or discipline, but their special position in the community imposes
special obligations. As scholars and educational officers they should remember that the
public may judge their profession and their institution by their utterances. Hence, they
should at all times be accurate, should exercise appropriate restraint, should show respect
for the opinions of others and should make every effort to indicate that they are not speaking
for the institution.

IBA Directory
The telephone directory for both campuses can be downloaded from the IBA Portal at
http://iba/. Got to:
Faculty

Telephone Directory

Main or City Campus or Detailed

Page

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