Ghaziabad | 11 Jun, 2019 (6 months ago)

Contracts and Legal Documentation

How to hire senior staff for startup?

I am looking to hire a senior manager for my 3 yr old pharmaceutical company in Ghaziabad. I wanted to explore possible ways to hire this person or keep him on consultant basis ? How does vesting process work ? Also need to formulate documentation for appointment letters, contracts with suppliers, distributors.
Answers
12 Jun, 2019 | 19:07

Regarding vesting process, ESOPs has become a favourite tool for startups and since you are looking to hire a manager based on seniority, then vesting process works for you as it enables you to retain employees for a long time. Also, considering the fact you are a startup you are not really in a position to lure employees with massive pay packages. Hope this helps. In case you need any assistance with drafting apppointment letters, service agreements etc. feel free to contact me. Looking forward to your response.


Dear Sir,
You may release in advertisement in local papers or approach any private recruitment agencies.


11 Jun, 2019 | 12:08

Hi. You can either employee the person on consultancy basis or as a regular employee. Based on your requirement as also the nature and scope of work, the appointment letter and other documents can be drafted. As been given to understand I feel that being a Pharmaceutical Company you might have certain confidentiality issues too. We shall take care of all of the above while drafting the above documents. Further we shall be happy to assist you with regards to the contracts/ Purchase Order with suppliers/ distributors etc.


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