Dear Raj,
You wish to convert some of your employees in to contract, retainership and Consultancy so that you can deprive them from the benefits of social securities such as EPF, ESI, Gratuity etc.
If it is permitted then many employers like you will do it since they want to make profit at the cost of Social Security of their human assests.
Please bear in mind, whether you employ any person on contractual or on contract or through contractor agency all labour laws are applicable to him.
Now question of retainer and consultant, you can not have every class of people as retainer and consultant. Even you have retainer and consultant and the employee and employer relationship is established there, your very purpose of doing this exercise is defeated.
So, be careful while suggesting any thing to the employer or be careful if your employer wish to take such steps and you are there as HR professional.
More discussions on such kind of issues by members are expected in such kind of forum.
Thanks and regards.
Keshav Korgaonkar
Shantadurgaent.com,Insurance Advisors,Corporate Advisors,Legal Advise,Wage and salary,Shantadurgaent.com,Labour Compliance Audit,SSI registration,NOC from