What is the correct procedure for handling employee retirement?
What is the correct procedure for handling employee retirement?
End of Employment
Peninsula Group, HR and Health & Safety Experts
(Last updated )
Peninsula Group, HR and Health & Safety Experts
(Last updated )
Read our article: 'What is the correct procedure for handling employee retirement?'. Contact us today for more information about our Employment Law, Health & Safety, and HR services.
Loading content...
What is the correct procedure for handling employee retirement?
FAQs
Got a question? Check whether we’ve already answered it for you…
HR management outsourcing is when a team of experts manage your HR by looking after your contracts, policies, and procedures.
These are the HR essentials every business needs. Without them, your staff could bring successful claims against you, you could lose thousands in legal fines, and even face prosecution. Never underestimate the benefits of HR support for a small business.
We have years of experience in providing HR for SMEs and HR management outsourcing. Contact us to see how we can support you, including HR advice for small businesses - as well as medium and large companies.
Good human resource management is having round the clock support when you need it the most.
Whenever there’s a staff challenge or an important legal update, you just pick up the phone and get the help you need – no matter the time or place.
The main benefits of HR outsourcing are:
- Cost saving: Reduces the expenses for such things are hiring, training and employing an in-house HR team.
- Time saving: Saves time for staff members away from HR tasks.
- Improves expertise and compliance: Provides ongoing advice and support to ensure complete and total compliance.
- Reduces risk: Reduces the risk of any payroll and compliance failures.
Outsourcing HR is cheaper than hiring internal staff and saves you money overall when it comes to your HR service. Plus, you avoid making mistakes that could cost you heavily in claims and legal fines down the line. Every business should consider HR support as a way to avoid claims.
Peninsula is one of the leading HR outsourcing services in the UK, and by working with us you get access to our HR advisory service. Contact us for your outsourced SME HR today.
The key functions of HR outsourcing services are:
- Payroll and benefits: Helps a business to manage employee wages, tax processing, and employee enrolment.
- Recruitment and onboarding: Helps with job descriptions, sourcing new candidates, interviewing, and ensuring a smooth onboarding process.
- Compliance with employment law: Helps to ensure compliance with ever-changing employment legislation.
- Employee relations: Helps to manage grievance and disciplinary procedures, and any ongoing support that's required.
- HR admin: Helps to handle and manage daily tasks, such as employee records, sorting employment contracts, and processing any leave requests.
- Training and development: Helps to create and deliver staff training programs to improve employees' skills.
“My new employer needs me to start straight away. Is there any way we can waive my notice period?” What should you do if your employee resigns and doesn’t want to work their notice period? Well, you have a few options here…
Elon Musk told Twitter employees via email that they would need to commit to working ‘long hours at high intensity’ or ‘leave’ as part of his dramatic vision for Twitter 2.0.
Gavin Scarr HallDirector of Health and Safety
End of Employment
Award-winning services
Take the first step towards a safer business. Answer a few questions about your HR and Health & Safety management and we’ll direct you to the support you need
0800 158 2313Speak to an expert 24/7
The general rule about retirement is that employers cannot force employees to retire or set a retirement age for the whole workforce unless it is a proportionate means of achieving a legitimate aim. If it is not, then the employer will be open to claims of unfair dismissal and age discrimination.
Older employees should be treated in the same way as younger employees and should not be discriminated against or forced to leave because of their age.
However, they can still be , disciplined for performance, or dismissed for capability as long as they are not targeted because of their age.
Employees may choose to retire voluntarily at any time and this should be treated as a resignation. Usually, when employees wish to retire, they should give you the normal contractual notice they would if they were resigning.
Alternatively, the employer can choose to introduce a voluntary retirement policy and include a requirement for a longer period of notice.
If there any special notification requirements for retirement outlined in the contract of employment, such as a requirement to submit a formal retirement notification in writing setting a date on which their retirement will commence, the retiring employee should comply with them, too.
Employees who retire should take part in an exit interview if this is something you do with normal employees. Although the reason for leaving is not likely to be contentious, you should still take the opportunity to learn about your organisation.
Sometimes, employees may wish to discuss retirement with you early on, before they have taken the concrete decision that they want to retire. For example, one or two years before they actually intend to leave.
If the employee has not given you a clear notice of retirement, then you should not treat such discussions as notice. If an employee later changes their mind, they should be allowed to continue their employment without any pressure from their employer.
Lastly, a note of caution about leaving presents. Be careful with any present which may be offensive to the employee if it uses their age or their retirement to poke fun – even things like this can be used as evidence for an age discrimination claim.
For further advice, such as comprehensive redundancy advice, call us on 0800 028 2420.