01 May '12, 11am

PAP is exploiting older Singaporeans for high GDP growth

PAP is exploiting older Singaporeans for high GDP growth

Employers should not re-hire on the cheap The Straits Times Editorial 25 Dec 11 WITH a week to go before the Jan 1 start-date of Singapore’s new re-employment law, it appears that the idea of keeping employees on the job beyond the retirement age of 62 has taken root. First mooted in 2006, there has been a meeting of minds among Government, most private sector bosses and the labour movement about the need to encourage re-employment as a response to the twin challenges posed by a fast-ageing workforce and longer life expectancy. It is the necessary and logical solution if the economy is to continue to grow steadily without having to over-rely on foreign workers to get the job done. The long gestation period, countless seminars, workshops and feedback sessions have ensured that the law has been dissected and thoroughly discussed. And thanks to such efforts, most companies ha...

Full article: http://yoursdp.org/index.php/news/singapore/5102-plight-o...

Comments

  1. 02 May '12, 9am

    This is so unfair. The senior employees who are rehired should be treated equally as the young ones. They work as hard as anyone in the company.

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