peers are figuring out how to navigate retired life, former oil industry executive Vipin Gupta is juggling multiple assignments.
Gupta could be found spending three to four days every week mentoring Gen Next as a 'grand manager' with data analytics firm Mu Sigma, or guiding NGO Dhwani Foundation on better corporate governance in his role as updeshak (advisor). He's also assisting agetech recruitment platform WisdomCircle — which helped him land these gigs — set up a recruitment vertical in the oil and gas space.
At a time when ageism is spreading its tentacles across India Inc., some seasoned retired professionals are loath to hang up their boots. Helping them are platforms such as WisdomCircle and diversity consultancies like Hum Communities who look for suitable opportunities for retirees that leverage their lifetime of accumulated skills and wisdom.
Companies too are starting to recognise the experienced pool of talent and cost-savings benefits of this underutilised workforce. Mu Sigma, Blue Star, Hitachi Energy, Suzlon Energy, Elgi Equipments, Thyssenkrupp and Antara (Max Group) are among those hiring retired professionals, said WisdomCircle.
«We were thinking about this problem for long and once we started, we realised there was a lot of openness regarding the idea,» said Neeraj Sagar, chief executive of WisdomCircle and former senior partner at executive search firm Egon Zehnder.
Around 150 organisations have used the services of