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THERE are hundreds of people retiring every year and some choose to lead a sedentary lifestyle. But there are others who want to continue working but there are few opportunities out there.
Age discrimination is a factor that makes it hard to get hired even with skills and expertise.
Similarly, there is a pool of homeless people who want jobs to turn their lives around but find it hard to land jobs.
On the other hand, the government continues to bring in hundreds of foreign workers to ease shortages in some sectors.
Of course, not all jobs offered to foreign workers can be taken up by the retirees or homeless, but companies should at least look at what can be offered first before crying out for foreign help.
In Singapore, Generation, a global non-profit body, has been retraining older workers since 2018 and identified specific interventions to help this group secure jobs.
Globally, especially in the United States, some retirees are going back to work in view of inflationary pressures.
“(The retirees) have a wealth of knowledge, skills and experience accumulated over years of working and it would be a waste to lose all this once they retire.
“Companies that are forward thinking and open to hiring retirees stand to gain from their experience, skills and knowledge,’’ Hire.Seniors director Jasmin Amirul Ghani said.
To be fair, there are some companies in various sectors that are hiring retirees, from manufacturing, financial services to retail and services.
“The main determinant is the willingness of the employer to hire older workers and their willingness to adjust working structures to cater for them,’’ she said.
As for the homeless, My Qaseh Sdn Bhd chief executive officer Trina Thomas Raj said it is already working with the Human Resources Ministry to secure job placement opportunities to realise its Zero Homeless population initiative.
My Qaseh Sdn Bhd CEO Trina Thomas Raj
“As we start the initiative state by state, one at a time, there will be less dependency on foreign workers in certain industry segments,’’ Trina said.
“At this stage, the most important action the government can take to reduce its dependency on foreign workers is to create a new ecosystem enabling the homeless to be integrated into the workforce.
“This will create a positive chain reaction that eventually can help boost the economy and increase the gross domestic product.’’
Continuing working post-retirement will do good for the retirees’ wealth and health as physical activity benefits the body.