Singapore's labour crunch: The challenge of making the most of silver capital

Ms Premalattha Sadhasivan, 60, was a manager at a private education institution when it downsized. She later became a social worker and now heads a rehabilitation department, thanks to her managerial experience.
Ms Premalattha Sadhasivan, 60, was a manager at a private education institution when it downsized. She later became a social worker and now heads a rehabilitation department, thanks to her managerial experience.ST PHOTO: CHONG JUN LIANG

When Ms Premalattha Sadhasivan, 60, was asked to take a large pay cut in 2017 as her company was downsizing, she was anxious to find a new job.

Then a manager at a private education institution, she was paying off her elder daughter's education loans for postgraduate medical school overseas. Her husband was semi-retired.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Sunday Times on January 13, 2019, with the headline 'THE CHALLENGE: Making the most of silver capital'. Print Edition | Subscribe