More support expected for mature workers

Asian workers believe that employers and governments must do more to engage mature workers and ensure a sustainable workforce.

Employees in Asia believe that mature workers can only remain employable if there is sufficient support provided by the government or employers.

Around eight out of 10 employees in Asian markets look to depend on the government (80.9 per cent) and employers (85.5 per cent) to help mature workers remain employed for longer period of time – higher than the global averages of 63% and 75% respectively.

“With an ageing workforce, we need to work together to break down social stigmas associated with mature workers. Organisations that provide age-friendly workplace initiatives will benefit from increased workplace productivity and reduced turnover rates,” said Natellie Sun, Managing Director of Randstad Hong Kong.

“In order to ensure their employability in the long run, we would encourage employees to immerse themselves in lifelong learning opportunities through short-term or digital courses provided by the government, their employers or from independent institutions,” she added.

The study was conducted online at the end of last year, among employees aged 18-65, working a minimum of 24 hours a week in a paid job. The minimum sample size was 400 interviews per country.

Hong Kong: 

More than eight out of 10 Hong Kongers believe that their government (82%) and employers (85%) should support the employability of mature workers. Similar across all the markets, employees between the ages of 35 and 54 have higher expectations of their government and employers and feel that it is their responsibility to keep mature workers in the workforce longer.

Malaysia:

Malaysia ranked the lowest across the region in terms of their expectations. At least seven in 10 employees believe that the government (76%) and employers (81%) should support their employability as they age. Support may be provided through adequate learning and development programmes by either the government or employers to ensure the long-term employability of Malaysian employees.

Singapore:

At least eight in 10 Singaporeans believe that mature employees can only remain employed if they receive sufficient support from the government (85%) and employers (90%).

The results showed that mature employees have high trust in the government to provide subsidised training and career development programmes, and in their employers to offer a robust job training programme to assure their employability within the workforce.

 This is further supported by the survey, where 92% of mature workers strongly believe that they will have a chance to stay employable only if their employers support them.

Click here for more Employee engagement and experience News Click here for more Talent Management News
A third of young Malaysians affected by 'quarter-life crisis'
- 25 Apr 2018
Young Malaysians are facing increasing pressure to succeed personally and professionally before they turn 30.
Why team building is not always effective
HRM Asia - 25 Apr 2018
Team building is a quick and fuss-free way of keeping employees engaged, but is it always effective?
Most attractive Hong Kong employers for 2018 revealed
HRM Asia - 24 Apr 2018
These organisations have been voted by jobseekers as the three with the best employer brands.
The benefits of auditing company culture
HRM Asia - 20 Apr 2018
Culture audits can help identify problem areas that need to be fixed, and promote areas that are working well.
Singapore's rising office rents to spur activity-based working
- 20 Apr 2018
More companies are expected to explore activity-based working styles on the back of rising commercial lease rates.
New HR roles at McCann Worldgroup, Pan Pacific, and more
HRM Asia - 20 Apr 2018
Here are the latest HR promotions and job moves from across the region.