Retaining Retired Staff as Consultants: What Clauses Should Be in the Letter?

Hi,

One of our staff has reached retirement age, and my company is considering retaining him as a Consultant. Could you please advise me on the clauses I should include in the letter?

Thank you.

Have a clear gap between the date of retirement and appointment as a consultant. A proper contractual agreement between the employee and the company should be drawn up by a qualified lawyer. The agreement should include details such as pay, allowances, period of work, work timings, leave, medical care, scope of duty, location of work, and terms of exit and termination by the company.

Please let me know if you need further assistance or have any questions.

Consultancy Engagement for Retired Employees

Thanks for your query regarding the consultancy letter to be issued to engage a retired employee. As suggested by our seniors, first issue him a Superannuation letter appreciating his long and dedicated service, settle his Final Settlement (F&FS), and if possible, arrange a send-off party. Maybe after 2 months, you can re-employ him as a consultant or advisor on a consolidated salary only. Such persons will be off the roll with no PF, etc. Therefore, a good pay can be offered to make him happy to serve the company well.

I can provide you with all rules, policies, and forms to hire a retired employee with all terms and conditions for appointment. I have set up an HR department, framed Standard Operating Procedures (S.O.), Leave, and Service Rules, along with forms for all HR jobs in soft copy for easy adoption in new companies. I have served 35 years in HR, Industrial Relations (IR), and Admin works of 7 manufacturing companies in Steel, Power, and Electrical sectors with 2000+ Contract Labor (CL).

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Regards, C. Neyimkhan

[Email Removed For Privacy Reasons], [Phone Number Removed For Privacy Reasons]
HR Consultant, Ex-AGM-HR&A., HIRIYUR, Bengaluru. Ex-Member NIPM, Ex-Trainee-Member, IIM, Bengaluru.

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