Silver Tsunami: Southeast Asia's workforce revolution and how ageing employees are reshaping business

📆 27/09/2024 1:18 p. m.
📰 IndependentSG

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, China, in a bold move to harness the wisdom and experience of its aging population, is launching a revamped ‘Silver Age’ scheme, encouraging seniors to take an active role in community service and d

evelopment initiatives.

China’s efforts to bolster its workforce include measures such as delayed retirement and encouraging volunteerism among the elderly. Second, the ‘Silver Age’ scheme could inspire other Southeast Asian nations to adopt similar strategies to harness the potential of their aging populations. Countries like Thailand, which is also experiencing rapid population aging, might look to China’s model as a blueprint for engagingin community service and development.

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