Talent58: A Job Portal Only for Retirees and Those Looking to Retire

Forced to retire at 58, but don’t feel a day over 40? Wish you could take a second chance and use your time productively? Well you’re not alone. India had over 77 million people over the age of 60 in 2001. This is set to grow to 324 million by 2050, implying a spike in the number of people who will retire in the country.

talent58

Talent58 is a venture that is looking to serve retirees who are looking for jobs post-retirement. A job portal for retirees only, it was founded by 23 year old Pankhuri Bindal in July 2013.

Pankhuri was working as an HR employee at Polaris when she came up with the idea of a employment portal for retirees.

“In my line of work, I used to meet many people who were reaching retirement age and could not find suitable opportunities to work thereafter. That is when I realised that there is a huge potential in this space,” says Pankhuri who is also a St.Stephens and Narsee Monjee graduate.

How does Talent58 work?

Retired and soon to retire professionals with over 15 years of experience can choose to work on jobs that are part-time, full-time, freelance or even on a project basis. The portal also caters to professionals who have opted for the Voluntary Retirement Scheme(VRS).

The company has two options – find a job and find expert – for job seekers as well companies looking for experts.

Recruitment firms or employers can register and post unlimited assignments for free on the website. Job-seekers can register, create profiles, upload resumes and start looking for jobs.

Talent58 lets job-seekers keep identifiable information anonymous until potential employers ask for information and the request is approved.

The portal that was made live at the end of December 2013, currently has over 200 users registered on the site. Jobs are posted across 30 categories on the site including jobs in banking, power management, and manufacturing.

Why would companies hire retired professionals?

 “The idea has been conceptualized keeping in mind the dire need for highly experienced professionals in the country. Lakhs of people retire every year owing to Govt. regulations, while they still possess enormous amount of knowledge and potential that is invaluable for companies,” says Pankhuri.

Talent58 says that they look to cater to the many small and big companies keep on hiring senior professionals for senior managerial roles, consulting projects, liaising and more.

Monetisation Model

 The portal currently functions on a freemium model for retirees looking for jobs online.

Talent58 charges companies looking for experts who list on their website, once they settle on a qualified candidate. The typical commission taken off of companies posting jobs is about 10% of the annual CTC given to the candidate.

The bootstrapped company currently has a 3 member strong team including founder Pankhuri. The development of the product is outsourced to third parties.

Going forward, Talent58 plans on integrating features like response management tools and SMS alerts for job seekers.

What Can Improve on Talent58?

 There’s no doubt that Talent58 is quite a useful platform for people specifically looking for post-retirement jobs. A few things that the platform needs to work on

  • Design: It’s pretty basic and could be a little more intuitive.

  • Broken links: Some links are broken. While trying to sign up, the site redirected to the “opportunities” page, links to the “my profile” page broken.

35 thoughts on “Talent58: A Job Portal Only for Retirees and Those Looking to Retire”

  1. I have worked with TATA STEEL FOR 29years and with Aditya Birla Group for 7 years and retired as Vice president (HR) and presently working as Sr Vice president (HR&P&Admin) in Ludlow Jute Specialities Ltd. Kolkatta and looking for a suitable opening .I have got experience of entire gamut of HR,admin, legal, training and development and Employees Relation etc and ready to take up any assignment suitable to my exp.
    Regards,MKSinha

  2. I am working as Chief Manager in a Nationalised bank and worked 33years 9 months in different capacities. Retiring March 2017. I am seeking suitable job after retirement.

  3. I am a mechanical engineer with 4 years machine tool, and 14 years in State/ central quasi government financing institution as a senior officer. Successful entrepreneur. Now 70, empaneled with Banks and financing institutions as a certified Charted Engineer, having done valuation assignments for TATAS, Hinduja and many medium and large scale units. I have specialized in preparation of detailed project reports/CMA data for obtaining financial assistance from Banks. I can Associate as an executive officer to the chief executive of the companies to off load his busy schedules. Agreeable to relocate.
    Balu.
    Chartered Engineer and Project Consultant
    Bangalore-9845129642

  4. Iam retired Genaral Manager plant engineering(Maintenance) from BEML LTD.Iam an engineering graduate in Electronics&Comunication from Mysore University.Present living at Bangalore.As GM I was responsible for both administrative & execution of maintenance of machine tools,Heat treatment equipments,Electrical facilities,Diesel Power house,Estate maintenance,civil engineering activities,Factory House keeping,Landscaping of factory & colony,Transportation&material handling facilities Etc.I was in charge of Modernisation of plant & Machinery, implementation of CSR Projects(Corporate Social Responsibility,Renewable Energy Projects(Wind Power Turbines & Solar Power Projects).I was also responsible for Inventory control & Budget Forecast connected to above activities.Iam interested in taking up suitable offers.
    H.N.NAGESH

  5. I have retired recently after putting up 33 years of experience in handling Accounts, Audit,Finance and Legal matters of MNC company at Mumbai.
    Have a hands on experience in working with SAP system
    Handled team of about 12 people successfully and efficiently.
    Like to work on full time or part time or as consultant
    R. Venkat iyer

  6. Iam working as Genral mamager in reputed real estate company.I am due to retire on 31st March 2017. I have 35 years experience in HT/LT electical , fire fighting, HVAC, cctv, communication system installations in townships, highrise buildings, maals& commercial centers. Even I can undertake liasoning & documentatio with govt. offices for load sactioioning, fire approvals, electical safty approvals or operation& maintenance management jobs. I have diploma in eletical engieering done in 1978. Need suitable job regular/ as consultant or retainer–Thanks
    Manjeet Singh Sandhu
    Add..H-402 neelpadam-1sect.5 vaishali Ghaziabad. Mobile- 9891023874

  7. I am, a retired male Executive Secretary with good knowledge in freight forwarding, looking for a suitable job.

  8. i have 34 yrs in govt sector as communication man ,done number of major and minor projects ,all over the india and out side too now looking for second inning ,other then telecom knowledge i do have qualifications in pubic and business management any one have any job do contact me rajujabalpuri@gmail.com

  9. I have retired as Deputy General Manager & HOD (Safety) from a reputed company from 1st May, 2016. I had put on 36 years of rich experience and worked in several organizations of repute. Seking for a suitable retainetship job.
    Amit Kumar Mukherjee

  10. I am mechanical engineer. PhD in mech engg from IIT mumbai. Soon retiring from central govt. Having experience of 33 years in mechanical engg design / research. looking for taking challenging jobs / projects in private reputed companies or educational institutions.

  11. Am retiring end July 2016 after putting in 35 years of service in sales & distribution (GT & OT) and in category & channel management from a leading FMCG company. Seek to use expertise in above departments on a monthly retainership basis.

  12. I seek a suitabe job in logistics / sales coordination / facility and administration as was working as dy.general manager in a mnc and having more than 28 yrs experience. Am strong and willing to work. Age is 58 yrs+

  13. I have retired as a Director from a well known marketing company having worked for 41 years. I was heading Accounts, legal, Administration, finance and personnel deptt.
    m 63 Years young person looking
    For good opportunity

  14. Having 30 years of experience on INST & Control system including F& Gas protection system of Oil & gas industry . Served as chief of DCS, INST & Control section and retiring in Aug 2016 . would like to share the knowledge & experience

  15. I have retired from ECIL/Hyderabad as Dy.General Manager (Corp. Communications) in Jan. 2016 & I am looking for a suitable job in Hyderabad. I was handling press relations, advertising, printing, writing, editing, logistics and many more related to PR jobs. I served in ECIL more than 35 years & my qualifications M.A. LL.B., PG In Public Relations.

  16. Going to be 60 this May 2016. Looking for a job in marketing or sales real estate vertical . shivkumar

    1. Hi Mr. ShivKumar. My name is Madhu Menon. If you are based out in Bangalore….then please contact me on 9845420562. I have a good job opportunity for you.

  17. Retiring in June 2016. I am a Cost and Management accountant having more than 30 years of experience in Finance and accounts in a PSU. I wish to work for a NGO in Mumbai post retirement.

  18. i am schuhuduled to retire on 31st august 2016 as commercial manager bihar solvent depart.of forest GOB.it is wortwhile to mention that also function as executive director industrial area development authority 6 year.looking for assignment full time ,bihar M.P. UTRAKHAND ORRISA.

  19. I have retired from my service in Regional Rural Bank(a Govt. enterprise)as manager/auditor in 2015. Now I want to work for the socio-economic development of financially weaker people,may it be througth Govt./non-govt organisations preferably at urban/semi-urban centres.I possess experience in retail lending,micro-financing.

  20. I have recently retired as Dy. General Manager (Dev.HR) (Specialist category) from a leading Nationalised Bank. I have to my credit nearly 28 years of vivid experience in this specialised field of HR at corporate office Mumbai in various contemporary areas of HR viz, IR, HR policy formulation, Talent Management, Performance Management Systems, Reward and Incentive Management, Training and Skill development systems, HR planning etc. I am a qualified Masters of HRM (MHRM). My tenure especially as Senior and Top Management was very rewarding and successful during which period the Institution could secure a host of HR Awards in various segments of HR. I was instrumental for many innovative HR initiatives in the Bank which have been replicated by others. Going forward, having a vast experience in HR field spanning 28 years and still possessing lot of professionalism in me, I am looking for a post-retirement HR assignment in Hyderabad (where I am settled after retirement)befitting to my position which I was held in service.

  21. Though I have retired but not tired at all.Confident of taking any challenge in the
    professional front in capital goods industry,teaching profession.Retired as GM(Prod.)
    from a reputed private limited company.Hope with intervention of you young people
    I can start a new era of my life.

  22. i have got rich experience in cement industry pertaining to procurement & inventory management. i would like to work after having completing the 33 years of experience.

  23. Sir,
    We have some part time jobs for Retiree Executives in Refrigeration field.
    Can you help us locate some candidates.
    Regards,
    Gandhi.

    1. I got good experience in operation and Preventive maintenance of Ref. & A>C plants, HVAc plants, Cold storages, Utilities such as Air compressors, Nitrogen plants , Cooling tower pumps, ISO audit, Store/spares parts inventory, good interpersonnel and communication skills, Fire Hydrant systems , Ammonia Ref. Compressors, Freon Reciprocating/Centrifugal comps et. I worked from Operator level to Asst.. Manager levels in a Large Chemical CPSU unit. Presently I am working as project Co-ordinator in Refrigeration plant manufacturing company.I am a Diploma in Mechanical Engineering from A.P State Govt. Board, Diploma in Ref. & A.C, NTC in Ref. & A.C trade from NCTVT, Certificate of Competancy on Refrigerating machines from Government of A.P and Post Diploma in Safety, health & Environment from Govt. recognised university. I have retired and looks Young and energetic ( 10-15 years younger than my age)I am interested to work in and around Mumbai area or Hyderabad area

    2. Myself S.G.Kakade, retired from Voltas as Senior Manager ( Projects ) in General Manager grade in the year 2004.

      Later worked with MNC as General Manager ( Operations ) for 4 Years & since 2008 , I am associated with North India based AC&R firm in the capacity of Tech&Mgmt Advisor.

      I carry over 4 decades of experience in Air Conditioning & Refrigeration Field. Have set up state-of-art manufacturing Facilities for Air Conditioners , Heat Exchangers, Water Coolers etc.

      Familiar with various AC&R Products , Processes , Sources . IRCA Certified ISO 9001 Lead Auditor of QMS with strong TQM background. Widely traveled.

      Keen to join AC&R firm on part time basis on suitable terms.

  24. i have retired as chief manager procurement from a large cement company in india. total experience 37 years: 25 years Q&PC in various cement plants; 12 years as Procurement Head in various cement plants. looking for consultancy job/part time job in jaipur/online job…..

  25. Recently retired from MNC as Chief Manager -Business Administration.
    Looking for job in Mumbai ( western Suburbs.

    1. I am retired from a big corporate as multifunction senior management official and looking for a full time job in any manufacturing company in manufacturing ,materials andquality system management

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