View Poll Results: Could anyone please tell me if this is framed correctly?
Yes 0 0%
If no, then why? 0 0%
Multiple Choice Poll. Voters: 0. You may not vote on this poll

Hr Management Trainee

I have just joined the HR department s an HR Management Trainee. I have drafted a Retirement Policy for a Pharma company. I need to know if I have to delete or add anything, and also please correct me if there are any mistakes.

Attached Files
Membership is required for download. Create An Account First
File Type: pdf RETIREMENT POLICY 2018.pdf (103.1 KB, 625 views)

Cite.Co is a repository of information created by your industry peers and experienced seniors made possible with help from our prime sponsors like:

TALENTEDGE Who provide a platform for "interactive anywhere learning". Courses from top reputed institutes like IIM, XLRI, MICA. View Courses

FACTOHR - Provides Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS that can help streamline your organisation. Explore Features

Register Here and help by adding your inputs. Contributions From Other Members Follow Below...
Hi Mearl,
Let me appreciate your efforts in drafting the policy. As a trainee, you have done the job far than better.
Any policy should cover as much details as possible. For instance, the age eligibility can be written as, "Employees who attains the age of 58 per the date of birth recorded in HR system". At least in India, we can see duplicate date of births as the original date of birth would be something and the certificate shows the other, clarify this.
Aims can be written as "Objectives"
Any idea of early retirement? For example, an employee reaches 56 years and wants to retire, do you have any process for this?
Is it possible for you to make quick FAQs on this policy, while you try to draft FAQs you tend to ask more questions from employees point of view and thus the policy will cover vast details. Policies with FAQs will reach better to employees.
Benefits - Hope you will list the benefits that will not cease, if not please mention that, benefit entitlement details will be notified along with your retirement package email.
I appreciate the process workflow (Notification > Application > Assessment > Contractual Reappointment)
Some more details on how the compensation and benefits will be treated if employee continues to work post retirement age. Employees may ask questions related to this.
Good work,
Can anyone help me what is the retirement age for private ltd of the employee want to take the loan , bank is asking for the letter of 6o years retirement letter from company ..
Kindly help..
Add Reply Start A New Discussion

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™