“By 2020, 19 per cent of Singapore’s labour force will be 55 years or older. With the notion of a “job for life” now fading fast, and most people knowing that they will likely spend time with multiple employers
throughout their careers, older workers are adjusting to an ever-changing job market and the uncertainties that this brings. Employers have a crucial role to play in how they structure employment for such workers, knowing that this demographic will become a bigger part of the workforce
over the coming years — whether as a result of a legislated increase in the retirement age, or the sheer need for people to continue working to support the longer lives that they are now living.” quoted from regional director for Adecco South East Asia, Lynne Ng in Today newspapers.