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Created by : Devi Kaladeen, Audit Manager, Health Sector Development Unit  | 07 15 2009 04:34:09 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Performance(Corporate Finance)
Keywords : work age retire too young
Activity:  1254 views;  last activity : 07 06 2010 20:18:09 +0000

I bet you thought I was talking about relationships. Well no, my focus is in the working world. At one time you are told you are too young to work and at another time in your life you are forced to quit working because you have attained the age of the cut off point according to the policies in the organisation/business you are working for. It is known especially in the public service that when an employee reach pensionable age he/she has to retire even though the person has the capacity to continue.

 

 
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SHOULD BE ALLOWED TO CONTINUE IF YOU HAVE THE CAPACITY Vs SHOULD RETIRE ONCE YOU ATTAINED PENSIONABLE AGE.
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Top Argument
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I honestly believe that a person should be given a chance to continue working after they have reached retirement age if they are willing to work for a few more years. In many cases you find that these people are really an asset to the workplace and even though management would like them to continue they have to let them go because of company's policy. These same experienced persons are later hired by private firms and also on international projects.


By Devi Kaladeen, Audit Manager, Health Sector Development Unit  07 15 2009 04:34:09 +0000
 
Top Argument
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I think one should Retire at the time of pensionable age, if that doesn't happen then the new guys won't get the chance so the cycle will stop there..to keep the cycle going one should retire at that age, there is a reason why retirement is given at that age, as they might not be that effective in the later stages of their life and very few can cope with the current pace set by the youngsters, but then they worked for all their life like till they are 60 so why ask for more let the younger lot take over and be productive..let the older guys take rest and have quality time with their family...so according to me one should get retired at the pensionable age....


By Bindu Narayan, Product Development Manager, Care Biomedicals  07 15 2009 05:13:46 +0000
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What can I say . I was denied the job when I was 47 years old and this experience makes me write that you should allow a flower to naturally blossom, spread the fragrance and then wither away ." If our Hon'ble Prime Minister can perform at this age (any substitute for him ?) why not normal human beings . Yet one should diligently make space for the youngsters too and there is lot to do for the society.


By S. Jayaraman, Freelancer, FMCG/Foods/Beverage  | 05 29 2010 17:31:40 +0000
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Just because someone has attained the age of 58 or 60, he/she should not be sent out once for all. We should try to utilise his/her knowledge/experience/expertiseto the fullest possible. ofcourse youngsters may say that due to this their chances are blocked. To this my suggestion is that the person attained superannuation may be asked to visit one or two times a week for half a day to review and throw some light on the happenings over the the week based on his past experience. You just pay him around 25% of what he was geeting at the time of retirement.Moreover the youngsters should note that being a youngster he may think or write any thing about retired today. But they should remember that retirement,old age and death are inevitable.


By S.Kumarasubramanian , Freelancer, Freelancer  | 09 23 2009 03:37:03 +0000
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Yes, i fully agree with this view point that one should continue to work until or unless one himself doesn't feel that it is time to RETIRE. First he is more experienced and more learned about the Organisational system second it doesn't mean that after passing a particular age he/she is all of sudden become obsolete. And if this should be the case then how the politian are allowed to run country even when their age is well over the Retirement age of an employee. If Politian enjoy this privelegde even at the age of 70's or 80's then there should not be any harm if an individual continue to work after 60 if he/she can contribute for the growth of an Organisation. 


By Sanjeev , Manager PC, ICICI Prudential Life Ins Company  | 09 16 2009 12:01:55 +0000
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i second DEEPAK CHOPRA on this :::

 

" HAVE An AGELESS BODY AND TIMELESS MIND "


By Ajay Ziz, Dy. Registrar,, University of Jammu  | 09 16 2009 11:28:36 +0000
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Since Mr. Swamy and Mr. Dikshit mentioned their experience, I also like to mention mine.

I started my career in 1955 in Central Govt. organisation; worked with outstanding performance records all over the country for 39 years, took voluntary retirement and worked as G.M in a Mobile Telecom Service Provider for 4 years, then with a MNC Telecom Vendor for aother 4 years and started own Telecom & IT  firms in india and UAE.

I have been part of the growth of telecom in India from Magneto telephony to Manual telephony to most advanced telecom sytems, networks and VAS. There is nothing that I have not done in  Telecom Business, Managment and Technology.

Coming to the our point of debate, though I am still capable of managing telecom project of any size, I have decided to leave the space to youngsters and to spent my  remaining life leisurely between myself and my family.

Throughout my career, I always tried to pass on the vast knowledge gained from my lengthy experience to the youngters worked with me, that had helped many to grow in their career.

On the other hand I had also few experience here and there; mostly the ones who  do not take pains to learn and do their homework well, feel uncomfortable of  experienced persons around them in the system and behave indifferently with the mentors. Then it happens sometimes in our own houses also; is it not? - the plus and minus effects of the generation gap. That is all part of life. My opinion is that the younger generation are mor knowledgeable, mor forward looking and more aggressive though may not that pragmatic as the earlier generation counter parts.

To sum up, the elders should not try to cling on and become stubling blocks for youngsters.

 


By P. Abraham Paul, MD FCOMNET  | 08 29 2009 09:44:44 +0000
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Same as in this case also i will give 50%.hope you all understand what i am trying to say.For Instance see in my organization who are reach this age we will put them as Consultants that means they are not entitled with all benefits like PF,Medical, LTA etc


By M. Siva Kumar Sarma, Officer, Ramky Enviro Engineers Ltd  | 08 04 2009 07:17:03 +0000
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No! A person should be allowed to continue irrespective of the age, provided he/she is willing to do it for 50% of the pay and 50% of time. It should be ensured that 40% of their time is spent on transferring their skills and knowledge to others.

The longevity has increased tremendously and people tend to be active ver easily up to 70 years. They will be performing at their best having finished their family responsibilites etc. They will be able to commit more time. They will have lesser ambition to climb the corporate ladder. They are in ideal state to become mentors. We are currently throwing away such valuable resource because of retriement.

This approach, I believe, will make the best use of the valuable resources yet will not affect the future generations. It will ease the seniors in to their twilight years instead of jettisoning them in to not-yet-twilight years causing distress to them. It will also take care of their financial needs to great extent.


By Rengarajan Murali, CEO/MD/Director, IT Ware LLC  | 07 28 2009 09:15:29 +0000
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I agree to all here..

Age should not be a variable in determing the working of an Individual..

If the person has the capacity he must be allowed to continue as he has all the experience and knowledge about the things, they will prove to be assets of the organization.

 


By Japan Shah, H.O.D, Oxford School of Management  | 07 28 2009 08:29:32 +0000
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Age shld not have been a barrier to any thing in the first place. As for this topic goes, retiring is a state of mind. i ve seen people who ve past their retired age, retired from thier current companies, joined another whr age is not important & still continue to work, learn as strongly as ever. I guess its called passion.


By Smita M, Copywriter  | 07 28 2009 07:33:48 +0000
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You became old when  you  think you are and start thinking that  you can not  be  the  best  now.

so till you  think  you  can  you rule.

 

Regards,

 

Sanjib


By Sanjib Kumar Jena, Assistant Professor - HR & PLACEMENT COORDINATOR, GITA  | 07 28 2009 06:31:58 +0000
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Other than capacity i would tell that if a person has enough PRACTICAL KNOWLEDGE then definitely he should be allowed to continue. But that person should have a clear view of the PRESENT GENERATION PEOPLE so that the new employes who r entering wont face any problem with him/her. PLEASE DONT PUT LIMITS FOR ART OF LEARNING AND GAINING MORE n MORE knowledge until the final breath . Because the art of learning more and new things is always better. But its always the persons personal decision and also the owner . 


By C Nijagunaradhya, Planning engineer, Aarvee associates  | 07 22 2009 17:28:16 +0000
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well our ancient gurus like raja janak and king akbar never retired.they worked till the last.

our ancient social system had a role vanaprast ashram.you should retire from the activity you are doing and find something more interesting.

you should retire some burden on your shoulder and pass it on to young shoulders and guide them.

you should remain in the active life,what would you do going to jungle,when you reach jungle you are reminded of your active life.

when you are working and having a nice time enjoying your work you feel like hello i need a brake.i have been working very hard.rest if you must but dont you quit.

when you age you have lots of experience with you..so you should move from being a doer to being a mentor.pass on the experience to someone,this experience would be of so much of use to someone.

when we grow old so much of our learning has grown old too and there is so much new to lern and acquire so become a student again.

retire the way you did things ,accept new ways..retire the only thing you did.learn and do something new.


By sandesh saboo, Research Associate/Analyst, saboo associates  | 07 21 2009 08:46:22 +0000
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I would say, if not full time, the person can at lease put in some hours in a day where both the purposes can be solved

- the talent is retained

- the person does not feel burdened but still has the opportunity to utilize his talents and excel.


By Alka Thakur, Technical Support Manager, Vendio Services and a freelance German Translator  | 07 21 2009 08:29:24 +0000
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The age doesn't matter, person who is working well, is honest and experienced upto he could deliever his best. Age never matters, a young person could be lazy in his personal & professional life and an old person could be enough fast & enthusiastic. Age doesn't matter, you should have willingness and enthusiasm.


By sachin , Team Leader -(NonTechnical), Infor Global Solutions  | 07 20 2009 08:58:22 +0000
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Well Dhananjay, there are all sorts in this world. There are people who follow the rule book to a T, never bothering their grey cells to any task what-so-ever, But, even in Govt departments, when it is found that an individual is yet indispensable, even on attaining the retirement age, is given an extension. For any organisation, to let go of an individual who despite retirement age, is valuable, does not make sense. Unless, there are other motives to make it an appropriate criterion. The popularity due to value and seniority is oveshadowing someone important, or the remuneration package past a particular age is turning somebody green, and then, maybe it could be due to a percieved threat to someone else's career or popularity. Retirement age is gauged by statistical analysis of average human productivity related to age. But the question here is whether a person, still capable, should be allowed to continue. If 70% reach senile state at the age of 55, what about the rest 30%. If willing, should they allowed to continue? You know, there are people past 80 and still mentally very agile. What could be reasonable is, while the retirement age being fixed, only capable & willing indviduals be given an appropriate extension. A win win situation, for both, the company as well as the person concerned. Any other solutions??


By aditya ghare, Multimedia Designer & Developer, Final Edit  | 07 19 2009 10:45:30 +0000
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Ofcourse age matters, it produces experience and that's valueable. If a company policy dictates that a person should retire despite the fact of value contribution of an experienced individual, and the only feeble reason supporting the policy being the illogically derived factor of age, then the person who concieved the policy should be immediately sacked. The most important factor, for any organisation, is value provided & accrued, new blood or old blood. If a company can't recognise value, and make exceptions, it's a loser, and does not deserve value driven work force. Personally, I'd advise the "young blood" to inquire of such policies before joining, lest they be thrown out after investing valuable time in a company, limited by it's policy. "Should be allowed to continue" insinuates begging for mercy, and that too of a company devoid of intellect. (A bit harsh, eh?) There are exceptions though, I will never fly with an airline, where hostesses look like mom-in-law.


By aditya ghare, Multimedia Designer & Developer, Final Edit  | 07 19 2009 06:17:27 +0000
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This is a good questions and i deem that its purely depends upon self esteem. I deem that the chances are forever for everyone and it doesnt depends upon age. Age doesnt matter and if we are not able to do we should quit and accept that we dont have capacity or energy to do it.


By Raju Ramalingam, Business Analyst, Rhytha Web Solutions  | 07 18 2009 08:34:42 +0000
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I appreciate  valuable comments from all very experienced person in the forum

and .

In my opinion  age matters but  only age is not the criteria to stop any body to work is not fair,, if the person has  interest and caliber  for particular work then their is no harm to let him / her work..

the combination of experience  and knowledge even after retirement stage can do transformation and good work indeed.

thanks for making me part of this debate

 


By varsha , Head/VP/GM-Quality, frac  | 07 17 2009 19:13:18 +0000
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There is a generation of people out there who have been forced out of cmopanies due to cost factors to take in employees with newer   technology focus and jargon, but large responsibilities and formal education in management sciences.

However, with the seniors removed, knowledge of business cycles, relationship handling, people and team issues, negotiation techniques, costings, old accounts, relationship in other countries with very senior account managers / VPs / networks are also lost forever (obviously being on the HIT LIST, he is not giong to part his knowledge now). Also lost are how they managed recession cycles, bad   periods, currency fluctuations as NO MBA COLLEGE has knowledge to   prepare you for the  REAL WORLD.

Also lost are cultural and business etiquette learnings.

A young sales guy, whatever be his designation would probably be making appointment with secretaries to meet a top notch VP, on the other hand the senior guy may just walk into the target office after a call, share a coffee and exchange a multiple million deal and spend the rest of the day playing golf, meeting a couple of other seniors in a evening club, enjoy a few drinks and get some more deals.

I don't need to elaborate what can happen to a Hospital should they suddenly decide to knock out 10-15 senior experts out of the profession. 5-Star Hotels have big spends from senior citizens, who like seeing familiar faces, as these people know their preferences and "feel", which no central CRM software can store. Don't need to elaborate what can   happen if an annual visitor who   regularly takes a   particular expensive suite shifts to another Hotel the next year, as he could not see any familiar face, and the service was not personal.

US corporations had knocked out many seniors and outsourced IT to Indian companies, and then were forced to take on some back as consultants. These guys, in sheer revenge negotiated external consultant kind of arrangements with their old employer at three times their last salary rates :-).

So do cover these examples and check out your own organizations to see, it is not about Costs, it is also your company is suddenly losing 20 years of experience which is also a kind of intellectual property.


By Alexander Lewis, Marketing Manager, self  | 07 17 2009 10:19:13 +0000
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The affected parties here tare the Company and the person (and to a lesser extent the other candidates for that work). The company gets a person who is experienced, capable to put in work as others below his/her age and in most cases with lesser remuneration. The person gets more financial security and a chance to work without much worries as at this age usually one does not have any career aspirations. As for the other candidates who could have been considered for the same job, (a) there is a fair competetion which will keep them on their toes (b) they have a more experinced person to learn from.


By Jayanta Roy, Lead Consultant, Wipro Technologies  | 07 17 2009 06:44:21 +0000
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To the 45 years of age any person man or woman is at the beginning of the call mature age. Only then, it starts to have the “necessary distance” for a more mature choice and thus the decisions that take, start to be wiser.

All the impetus of youth and the experiences of life, wants professional wants staff, starts to have “weight” importance in the decisions that if have that to take, from the middle-age.

It stops beyond the acquired knowledge, through the académicas qualifications, to the 45 years starts it to be able to conjugate west knowledge with the empiricist. This is a “capital” that we cannot ignore

The experience to confrot/to solve situations unexpected can, then, when allied to one be able of great creativity to get resulted unexpected and surprising creative


By maria do carmo de oliveira cid peixeiro, HR Manager, mithogenia unipessoal lda  | 07 16 2009 14:53:12 +0000
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Well when broad mind and narrow waist exchange places, one should bid adieu!


By Shiuli Mukherji, Head Strategy Plan- , Region SEA  | 07 16 2009 06:31:25 +0000
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Youth has always been energetic--But that does not make one experienced person useless.

Experienced people have always been path shower, Game changer---and youths have always followed the path--no doubt about that.

I have noticed these days youths have turned intollerant to experienced--Every where, starting from Cricket--to Business to Politics to Jobs--the youths have ganged up against experienced--this is wrong signal.

This is totaly objectionable and meaningless to say that "Young people should get chance, so experienced should make way"---This is rediculous--Why shall they?

Isn't this a competitive world? Are not the youngs competitive? Why shall the experienced people make way for youngs? Why youngs can't make a start on their own and has to depend on Experienced people to vacate the sit?

Don't keep any confusion: Teach yourself a tollerant lesson: STOP telling yourself you cant make ur way because of aged people: That's a bad excuse!!!

And if possible learn from aged people: That will pay off and don't ever underestimate aged people--remember they are experienced and experience counts ultimately.

I am too a part of youth--But still I believe when it comes to nation building, Business, Science and technology and many more--Experience counts

And when it is fighting for nation: Youth counts [Unfortunately youths are those who laugh at patriotism these days]

Cheers!!!


By Sayan Chakraborty, Senior ERP Consultant, International Business machines  | 07 15 2009 18:22:59 +0000
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Well Vivek, which bet did I lose? This is only a debate and it is far from being over.


By Devi Kaladeen, Audit Manager, Health Sector Development Unit  | 07 15 2009 17:29:57 +0000
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To support argument of madam devi,I have to narrate my own example,after my retirement rather at the time of my retirement,many of my subordinates,colleague,and superior  used to suggest

1.U don't look at the age of retirement,per your personality and health.

2. Why don't u get extenson by minimum of six months.

I AM STILL FIT TO WORK AS I AM WORKING FOR ANOTHER GOVT. ORGANISATION.


By SB DIKSHIT, STATE QUALITY MONITOR, U.P.R.R.D.A  | 07 15 2009 11:25:13 +0000
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Yes and No!  Depends on factors like health, vigour, sustained memory and sharpness of brain and willingness to learn and adjust to younger generation's views and ideas and get along well with changing world.   

Yes; Becuase the experience gained through the long years will not suddently go

waste. As a MD/OWNER of a big company once said "Only fools retire" - 

Continuing to be active helps the seniors to retain normal capabilities for some more years instead of mentally falling into a sudden down curve that adversely affects the mind and health that quickens the aging process.

No; Becuase. the aging is a natural process that acts on different persons differently and at different age levels and hence cannot take a generalized view. For many the process aging cause fading of memory   which is a blessing as memories of many unhappy events in life will not taunt them much.  

Good that Ms. Kaladeen being a HR person has supported this idea; but I am doubtfull about many HR guys agreeing  to this view.


By Abraham Paul, Senior Telecom Consultant, FCOMNET- Future Groups  | 07 15 2009 09:14:23 +0000
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To justify Devi's argument I can just give my example,retired from a govt. service attaining the age of 60 yrs, and working inthe class one post fore rhan half of the sevice period,working as engineer and management head ,forced to leave after attaining the retirement age,many people still know that I am still working and many mobile calls are recieved by me,many meeting me say that u doesn't looks retired and u can work even 5-7 years more.

Another deptt. of state govt. has offered me work as state quality monitor and I am working as used to work.


By SB DIKSHIT, STATE QUALITY MONITOR, U.P.R.R.D.A  | 07 15 2009 09:12:01 +0000
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There are always pros and cons, i would say elder people continue only if they have capability, willingness to learn, adapt quickly, motivating younger generation and fresh ideas. We cant completely discard them because their experience, maturity and exposure will add so much value to your organization. At the same the time they have to give opportunity to the younger generation as well, they could act as mentor, advisers . The secret of success to any organizations is right mix of young and old people

Thanks,

Karthick


By Karthick babu, Product Manager, Silk Media Technologies  | 07 15 2009 07:55:22 +0000
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Yes he/she should be allowed as the experience of the person will help the orgnisation grow. New generation will switch their loyalty with increase in compansation package, where as the pensionable person will remain as he has already achieved the financial and personnel levels.


By sanjeev dadde, Procurement, RCOM  | 07 15 2009 06:27:09 +0000
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As I said, survival of the fittest - If the young blood is able to produce business value, then they will automatically find a place for themselves.

Best example is Sachin Tendulkar the famous cricketer from India, is still included in the team not because of his blue eyes, but because of his continued performance, though there is enough young blood that is available but not able to eclipse him.

Same thing was with Sunil Gavaskar also, when he was playing and playing and playing!


By Raghu Kastury, Principal Consultant & Head of Strategic Business Unit - Retail & Distribution, Sundaram Infotech Solutions Limited  | 07 15 2009 05:24:33 +0000
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Yes, I completely agree with what Devi and Raghu said.

In my view, age really doesn't matter till the time a person feels that he/she is equally competitive and motivated enough to emit results thereby contributing to the society and to him/herself as well. In my view, there must not be any such option called retirement in working world. Everybody has a right and privilege to work as per his/her requirements and earn a decent living and honor one's commitments.

If we have a look at the working pattern abroad, we'll see that there is nothing as a forced retirement as it depends entirely upon a person's will to continue further or just to take a rest from the corporate world. Still those people never sit idle. They don't take their age as a consideration for not doing what they are supposed to do.

I think this is the reason why those people are ahead of us in terms of understanding, behavioral, and moral aspects and effective utilization of resources.


By Kapil Sharma, Project Leader & Consultant, Outsource Partners International  | 07 15 2009 05:08:28 +0000
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I agree, and there are precedents for this. Delhi Metro Chief Dr. E. Sreedharan was recalled to work after having attained superannuation. Improvements in health which have raised the average life expectancy age make this possible. After the awards of the 6th pay commission, this might even come as a breather for the Union and State governments who are cash strapped. However, this will adversely affect job opportunities for the young people. Therefore caution is advised.


By Viktor Stephen, COO, I Entrepreneur  | 07 15 2009 05:07:42 +0000
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Yes, its always the survival of the fittest. So if a person is fit enough and producing results he or she has all the rights to continue making contribution to the society or make a living for self.

Why there is no retirement age for those who are on their own? They retire as and when they feel. Some of them continue to be active till late 80s also?


By Raghu Kastury, Principal Consultant & Head of Strategic Business Unit - Retail & Distribution, Sundaram Infotech Solutions Limited  | 07 15 2009 04:54:17 +0000
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Personally, I expect me to peak in my career only when I attain the pensionable age.  I would have gained sufficient experience to create more jobs and I will not threaten someone else's job.  Ultimately, my views dont matter, it will follow the plan made upstairs anyway, this does not prevent me from staying positive.


By Raguraman Bashyam, Principal Architect, Tech Mahindra  | 09 25 2009 12:35:08 +0000
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If only personal view is asked I'd say there is no fault in working after 60 also if candidate can perform. But, keeping in view, the present Indian conditions, where we are running short of jobs and thousands of unemployed candidates are moving here and there, I'd say there should be some age of retirement so that the freshers can also get a chance to work...


By Ajit Khan, Sales/BD Manager, Future Group  | 08 29 2009 09:52:49 +0000
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To give a way to new generation, there should be a retirement age.  Later they can be considered as advisers to share their experiences.


By Umesh S, HR Manager, RSP Design Consultants (India) Pvt Ltd  | 08 29 2009 08:42:34 +0000
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Medically speaking, at the age of around 60, brain cells start deteriorating and the person's words and deeds would start to disconnect from each other. Its dangerous to keep these persons in the driver's seat. Hence, in India, the retirement age is fixed around 55 and 60 varied between company to company. But, retirement at 45 years (as the subject of this debate says) may cause depression and trouble to the families, in Indian context. (I dont know the situation in UK.)


By taranath joshi, DGM Operations, EOL,  | 08 11 2009 15:38:09 +0000
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i think that retirement at pensionable age is quite good. because this give chance to youths of nation to work .As we are going through recession period which hampers all of our lives.Think for a single youth he possess degree but having no experience EFFECT IS UNEMPLOYED.So,retirement is must


By sangita tiwari, Software Developer, student  | 08 04 2009 07:23:01 +0000
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yes you are right but i think it should depend upon the percentages why becoz this kind of issues are unpredictable,i will give 50% for your argument.


By M. Siva Kumar Sarma, Officer, Ramky Enviro Engineers Ltd  | 08 04 2009 07:11:33 +0000
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Aditya, i hope we would concur on the fact that grey cells applied before signing a contract are far better than applying them later to investigate the pros and cons of the same.

Having said that, i do agree that there are many people who could prove to be a great asset to the organization beyond the stipulated age limit.And many organizations retain such talent.

BUT, the biggest irony, with a country like ours, where the potential versus employed ratio is skewed, is that right from employment to retirement, it is more of a rejection process than a  selection process.

The only place where i find it an unfair game is that some organizations change their policies randomly and without consensus.On this particular aspect consider me on the left side of the divide.

 

Digression>>

On the value proposition
---------------------------

One must strive to become dispensable!
if one does not pass on the value to one's juniors, i would say that s/he could have  been true to his/her job but not to his/her profession.

if one remains indispensable at a position, s/he remains stuck at that position.If one does not find a replacement for him/herself, how does one expect to get promoted to the next level?

 

 


By Dhananjay Raturi, Head of the Department, XYZ  | 07 20 2009 08:45:47 +0000
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what may appear an illogical reason to an outsider may be the most appropriate criterion for implementation within an organization.

The professions and industries have been wise enough to decide the pensionable ages based on profession,fitness requirements.it may be as low as 35 for certain professions while for some others it may be a lifelong commitment.

I agree with MR. Ghare that one must carefully read the policy before joining an organization.

But once you have read and signed-off the policy ..honor it!


By Dhananjay Raturi, Head of the Department, XYZ  | 07 19 2009 08:01:54 +0000
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Amongst the the first things you do after joining an organization is to sign-off your acceptance of the hiring/firing policy of organization.

There are many organizations that do not discriminate against age and one must strive to join such organizations if they wish to work beyond the normal pensionable age.

Otherwise it's plain and simple ...why would you dishonor a written contract between yourself and your employer ? if it's written in the policy you must honor and retire gracefully.


By Dhananjay Raturi, Head of the Department, XYZ  | 07 17 2009 14:07:15 +0000
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Why because a country of our size should compulsorily do this. Many of our own sons or daughters are jobless even after so many extras on their degrees.  Secondly, it will reduce the stress of public transport whereby it can move fastly in peak hours. 

At the age of superannuation, it is the duty of senior people to pave way for the youths.  Exceptional is always there where there are no people to look after them, whereby they can work till they can or their health permits.  If they are really interested there are so many social work centres are there, where they will pay less but at the same time, they can render service to those who are left in lurch by their wards.

however it is highly essential one should retire at the pensionable age.


By V.Chandramouli , Admin/Facilities Manager, Saimira Associates  | 07 17 2009 10:20:09 +0000
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I agree with all of them here, one should retire at the pensionable age that is at 60 and should make way for the younger generation and this is the process which is seen in most of the organizations, but we can make their experience count by offering them to train the youngsters, which will be more beneficial as their services will be rendered when there is requirement and not all the time...so yes one should retire at the pensionable age to me.


By Sudeep Tarafdar, Senior Consultant, IBM  | 07 15 2009 10:20:10 +0000
4
0

There should be retirement from mainstream work at the pensionable age as this would pave opportunities for the younger brigade. But experience and insight are indispensible. It would be of great help if organizations could pool in the pensioners with capacity as consultants / advisors on a limited contract period for advisory functions.


By Betzi Miriyam Kuriakose, HR Section Head, The commercial real estate company  | 07 15 2009 08:49:11 +0000
4
0

Vivek just stole all the words. Retirement due to age factor is necessary to give chance to next generation.

And if you have the capacity, you can still earn after retirement!!

But since retirement can always be taken if you have already earned enough money in your 30's and 40's, nothing great could ever happen than that!

We can always work towards early retirement, that is the point.
One should stop worrying about the retirement age, but work towards it and enjoy life.

 


By Satwinder Singh, Program Manager, Confidential  | 07 15 2009 07:45:43 +0000
3
0

I really think at this era of a new employment strategies and a lot changed scenario, age definately make a difference. If you think about it deeply, you will always find that person with younger age has a edge over aged person.

Let me give you an ex. Whom would one give a preference when it comes to select a person for longer terms, more confidence,inquisitiveness,assertiveness. May be a person can have more exp, but he must be smart enough to use his exp. at the right time and the right place. If you just consider that the persons have same mental ability, preference should be given to younger one having avid creativity.

The efficacy,endurance, and performance will have an edge over amble work method, bruiting while working and dearth of productivity.


By Paresh.Khanchandani , FCD Business Manager, ExxonMobil Company India Private Ltd.  | 07 15 2009 07:27:54 +0000
4
1

First of all you lost the bet Devi.

I am in favour of age based retirement not just for the reason ofphysical ability but for the reason of giving opportunity to the next generation. The experience and expertise of the retired person may however be utilised in many other ways. In India the consultancy companies always keep an eye over such persons and they have a good and long lasting relationship also. There it is OK because the job what they do can not be substituted by the younger ones and neither are they substituting younger ones' job. But as far as regular positions are concerned, like a good elder, one must step down and handover the reign and the rein to the next generation. I believe so.


By Vivek Singh, Project Manager, L&T  | 07 15 2009 06:05:55 +0000
3
0

I support this thought as I believe in introduction of fresh young blood is necessary for the benefit of organization. By providing opputunities to the next in command can be beneficial coz the flow of new ideas, re-structuring (if reqd.) etc. can be a boon to the org. at this time of recession.

I would not like to discourage those who are still able to perform their duties well inspite of the age but these ppls are quite an exception these days.


By Abhijeet Pratap Singh, Account Services Executive, United Healthcare (India) Pvt. Ltd.  | 07 15 2009 05:16:04 +0000
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