Employment Issues in Singapore for Aged
This report will discuss about the employment issues faced by aged workers in Singapore.
Due to strong competition from the younger generation, employers preference for employing the younger workers has been increasing. The aged workers are affected and many tend to stop working after losing their jobs.
To further aid companies in employing aged workers, the government and union has came up with various programmes to encourage employers to continue hiring aged workers.
Leading Practices for Managing Mature Employees (2010, 14) has mentioned that organizations are employing retirees to provide consultancy services. This measure aim to employ more aged workers and sustain their jobs. Aged workers should be encouraged to actively participate in the workforce. Experience and knowledge could be imparted to the younger workers. “Part time positions or phase retirement schemes are offered to keep the aged workers working beyond retirement age.” (Harnessing the Potential of Singapores Multi-generational Workforce 2010, 34)
Labour Movement Annual (2008, 70) suggests amending the current human resource policies for re-employment. NTUC could cooperate with organizations to have a proper re-employment system.
Hence, employers should understand the work related changes for the aged workers and continue to employ them as it stimulates financial and economic growth. Organizations in Singapore should maintain good employment relations with the aged workers.
In addition, Older Workers (1999, 4) also stated there is a “Lower incidence of job change among older workers.” The workers acquired the necessary job skills by working for so many years. If the older workers were to switch jobs, they would find that it takes a longer time to search for a job that is appropriate and matches their skills.