Hi
I have a situation in my career and thought to get guidance / perspectives from this platform.
I have been working in IT close 30 years and I am 58 now. I am a US national, worked in US for 11+ years, moved to India about 14 years back. All the time I have been working for the same company. I have close to 1.5 years for my 60.
My situation is that - personally I am fit and can work for few more years in my current capacity. Health wise, I would say moderate (not excellent). I also have financial obligations to settle my younger son with his education. He may need assistance for 4 more years. (If I don't work, I need to eat into my veteran corpus to support him.
My elder son is back in US for the past 5 years as after he finished his masters is US and working over there.
Needless to say I have both interest and need to work for some more time.
Now in my company, off late there appears to be a new HR policy and few of the employees (like me) are being be taken back as consultants and receive their services. I am not fully aware of the financial terms though. This would be yearly review based opportunity. I raised this with my management. They are yet to return to me on this.
At the same time, my company as well needs similar services (from experienced professionals) back in US and are expanding the business there too. Being a US citizen, it is a natural process for them to take me back, possibly.
The advantage in this US route is - it is like regular full time employment with the standard compensation structure. There are staff over there up to 65+ or more (or even 70s).
Now the question I have is
- what are the merits or constraints of a) working as a consultant in India on an yearly basis or b) returning to US for a full time employment?
- in case of route b) is chosen what are precautions / expectations to be set by oneself own, before considering the US return option?
I understand a lot could dependent on individual needs, taste and personal situations. But I would like to know from this group is is share their inputs / comments.
Thanks in advance for your valuable inputs.
Cheers!!!
Kris
(I am new to this website, if there is any other group I should post this for rules / better response, please feel free to suggest. I will be glad to move).
I have a situation in my career and thought to get guidance / perspectives from this platform.
I have been working in IT close 30 years and I am 58 now. I am a US national, worked in US for 11+ years, moved to India about 14 years back. All the time I have been working for the same company. I have close to 1.5 years for my 60.
My situation is that - personally I am fit and can work for few more years in my current capacity. Health wise, I would say moderate (not excellent). I also have financial obligations to settle my younger son with his education. He may need assistance for 4 more years. (If I don't work, I need to eat into my veteran corpus to support him.
My elder son is back in US for the past 5 years as after he finished his masters is US and working over there.
Needless to say I have both interest and need to work for some more time.
Now in my company, off late there appears to be a new HR policy and few of the employees (like me) are being be taken back as consultants and receive their services. I am not fully aware of the financial terms though. This would be yearly review based opportunity. I raised this with my management. They are yet to return to me on this.
At the same time, my company as well needs similar services (from experienced professionals) back in US and are expanding the business there too. Being a US citizen, it is a natural process for them to take me back, possibly.
The advantage in this US route is - it is like regular full time employment with the standard compensation structure. There are staff over there up to 65+ or more (or even 70s).
Now the question I have is
- what are the merits or constraints of a) working as a consultant in India on an yearly basis or b) returning to US for a full time employment?
- in case of route b) is chosen what are precautions / expectations to be set by oneself own, before considering the US return option?
I understand a lot could dependent on individual needs, taste and personal situations. But I would like to know from this group is is share their inputs / comments.
Thanks in advance for your valuable inputs.
Cheers!!!
Kris
(I am new to this website, if there is any other group I should post this for rules / better response, please feel free to suggest. I will be glad to move).