For subscribers
Tempting back older workers means ditching business as usual
Stereotypes about curmudgeons have to go, along with dreary jobs and the expectation of a work-free retirement
Sign up now: Get ST's newsletters delivered to your inbox
A 2021 survey found employers in Brazil, India, Italy, Singapore, Spain, Britain and the US saying they prefer staff under 45.
ST PHOTO: KUA CHEE SIONG
Camilla Cavendish
“Your country needs you,” pleads British Chancellor of the Exchequer Jeremy Hunt to the over-50s, echoing the concerns of United States Federal Reserve chairman Jerome Powell about the “excess retirements” which have drained America of two million workers.
Policymakers remain perplexed by the Great Resignation, in countries facing labour shortages. But it’s not the workers they should appeal to – it’s the employers.
