Dear mentors,
Greeting of the day.
One of employee in our organization who is 48 year old is asking us to issue him a letter mentioning his retirement age in the organization will be 65 as he has applied for home loan and he will get some concession benefit on loan interest.
Being a private firm we are not having any such retirement policy in the organization.
There are few who are working even after age of 65 but that all mutually. We have not frame any such policy.
This employee has worked for 8 years in our organization then left organization Now last year he joined back again but we are not much happy with his performance .
Please suggest what to do in this case. What will happen if we provide him this letter. Will we become to liable to retirement clause after giving this letter.
Warm Regards
Greeting of the day.
One of employee in our organization who is 48 year old is asking us to issue him a letter mentioning his retirement age in the organization will be 65 as he has applied for home loan and he will get some concession benefit on loan interest.
Being a private firm we are not having any such retirement policy in the organization.
There are few who are working even after age of 65 but that all mutually. We have not frame any such policy.
This employee has worked for 8 years in our organization then left organization Now last year he joined back again but we are not much happy with his performance .
Please suggest what to do in this case. What will happen if we provide him this letter. Will we become to liable to retirement clause after giving this letter.
Warm Regards