Many of the enterprises, especially the small firms who cannot afford talented brains from the top notch universities prefer hiring retired people for performing the jobs. These companies benefit from the experience that the retired people bring to the table. According to Salatzar (1993), the retired workers have less ambition than the young workers and therefore are comfortable in the position they work for. Therefore these workers prove to be an asset for the company. Pearsall, a retired worker who rejoined the workforce have mentioned that experience in diverse subjects have assisted him to return to the workforce easily. However Cassidy, vice president for Concurrent Computers have mentioned that the biggest advantage of recruiting retired workers is that they have prior knowledge of