Skilled for 100?
Leveraging an older workforce in Singapore
Singapore's population is both ageing rapidly and living longer. This report examines the opportunities and challenges that lie ahead for Singapore's workplaces as people enjoy extended careers. Produced by The Economist Intelligence Unit, the report is part of the Ready for 100 research programme commissioned by Prudential Singapore.
I. Skilled For 100
Are you skilled for 100?
The labour force participation rate of older age groups in Singapore has been rising for several years now, and looks to continue. Indeed, with no more than 5% of survey respondents aged 55–64 stating the desire to retire soon, Singapore's older residents appear up for the challenge to remain skilled for 100.
Watch video
II. Video
A career for a 100-year life
Singapore’s older residents appear up for the challenge to remain skilled for 100, with no more than 5% of survey respondents aged 55–64 stating the desire to retire soon. However, employer reluctance looks to be an obstacle to realising the vision of a productive older workforce.
Workplace infographic
III. Infographic
Leveraging an older workforce in Singapore
Singapore's workforce is visibly greying. If government policies aimed at extending careers are successful that process could accelerate. The reward, however, would be a greater contribution from older generations of workers to sustained economic growth for the city-state.
Read whitepaper
IV. Whitepaper
