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Are Singapore businesses doing enough for 'vulnerable' older workers?

Pauline Wong
Pauline Wong9/18/2019 05:39 PM GMT+08  • 4 min read
Are Singapore businesses doing enough for 'vulnerable' older workers?
SINGAPORE (Sept 18): With more than a third of the working-age population in Singapore projected to be above the age of 50 by 2030, businesses here will increasingly need to do more to tap the talent and expertise of their older employees.
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SINGAPORE (Sept 18): With more than a third of the working-age population in Singapore projected to be above the age of 50 by 2030, businesses here will increasingly need to do more to tap the talent and expertise of their older employees.

Some 88% of business executives say Singapore companies need to invest more in leveraging their older employees to sustain business growth, according to a survey by Prudential.

According to Prudential’s latest report, Skilled for 100: Leveraging an older workforce, Singapore’s labour force participation in the age group above 60 is ranked one of the highest among the developed countries.

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