Sunday, May 02, 2010

S'pore firms keeping workers beyond age 62

EFFORTS to convince companies to keep workers beyond the age of 62 are bearing fruit, a new survey has shown. Of 3,200 companies surveyed, more than three of five said they would keep those workers. And out of 9,400 local employees from various sectors who had reached 62, 92 per cent said And out of 9,400 local employees from various sectors who had reached 62, 92 per cent said they were allowed to continue working.

http://business.asiaone.com/Business/News/Office/Story/A1Story20100427-212672.html

Comments: After reading this article, I feel that the working society is becoming into a workplace filled with not just young employees but also older employees aged between 60 to 62. As people start living longer and many might not have enough money to retire. By allowing workers of an older age to continue working, it helps to ensure that the senior workers can still earn an income and not to worry about financing the future needs. There are many skeptical employers that doubt if older workers are capable of handling the work in the company. But the truth is, senior workers are even more capable than young employees that have just enrolled into the company or organisation. The reason is simple, senior workers have more working experience. In business, practical working experience is more important than knowledge just alone read in books. Having knowledge is not enough. One must both have the working experience and the knowledge in order to manage a business well.

Done by : Hans

Status: still editing, on hold.

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