Final year project older workers in the 21st century

The effective utilisation of older workers has not received due attention until recently. As the world's population aged at an incredible rate, many authorities become concern with the repercussions this would have on the economy of their countries. The purpose of our report is to stud...

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Main Authors: Hoo, Kelvin Poh San, Ng, Wei Huah, Wee, Hwee Seng
Other Authors: Yaw Debrah
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/63527
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author Hoo, Kelvin Poh San
Ng, Wei Huah
Wee, Hwee Seng
author2 Yaw Debrah
author_facet Yaw Debrah
Hoo, Kelvin Poh San
Ng, Wei Huah
Wee, Hwee Seng
author_sort Hoo, Kelvin Poh San
collection NTU
description The effective utilisation of older workers has not received due attention until recently. As the world's population aged at an incredible rate, many authorities become concern with the repercussions this would have on the economy of their countries. The purpose of our report is to study the current profile of older workers; review the economic conditions of Singapore for three specific periods, namely Pre60s-1970, 1971- 1980 and 1981-1992; analyse past economic conditions and labour situations; project older workers into the 21st century; and lastly recommend solutions in order to better utilise the older workers. The data necessary for this report are gathered by means of content analysis of newspapers, journals, magazines, and books. It is believed that the older workers formed a reserved army of labour. Thus, past economic conditions are discussed in relation to the unemployment and employment of older workers to show how far the above statement is true. Furthermore, many myths surround the older workers that seem to support the above statement too. As the population ages more rapidly than anybody can imagine, these myths have to be examined. Therefore, ways of counteracting the myths are presented so as to better utilise this group of potential workers known to many as the reserved army of labour. Just knowing the current profile of the older workers is not enough. It is of equal importance to project into the 21st century to know where the older workers stand and thus be able to plan for the future.
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spelling ntu-10356/635272023-05-19T07:23:10Z Final year project older workers in the 21st century Hoo, Kelvin Poh San Ng, Wei Huah Wee, Hwee Seng Yaw Debrah Nanyang Business School DRNTU::Business::Management::Personnel management The effective utilisation of older workers has not received due attention until recently. As the world's population aged at an incredible rate, many authorities become concern with the repercussions this would have on the economy of their countries. The purpose of our report is to study the current profile of older workers; review the economic conditions of Singapore for three specific periods, namely Pre60s-1970, 1971- 1980 and 1981-1992; analyse past economic conditions and labour situations; project older workers into the 21st century; and lastly recommend solutions in order to better utilise the older workers. The data necessary for this report are gathered by means of content analysis of newspapers, journals, magazines, and books. It is believed that the older workers formed a reserved army of labour. Thus, past economic conditions are discussed in relation to the unemployment and employment of older workers to show how far the above statement is true. Furthermore, many myths surround the older workers that seem to support the above statement too. As the population ages more rapidly than anybody can imagine, these myths have to be examined. Therefore, ways of counteracting the myths are presented so as to better utilise this group of potential workers known to many as the reserved army of labour. Just knowing the current profile of the older workers is not enough. It is of equal importance to project into the 21st century to know where the older workers stand and thus be able to plan for the future. BUSINESS 2015-05-14T08:00:46Z 2015-05-14T08:00:46Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/63527 en Nanyang Technological University 74 p. application/pdf
spellingShingle DRNTU::Business::Management::Personnel management
Hoo, Kelvin Poh San
Ng, Wei Huah
Wee, Hwee Seng
Final year project older workers in the 21st century
title Final year project older workers in the 21st century
title_full Final year project older workers in the 21st century
title_fullStr Final year project older workers in the 21st century
title_full_unstemmed Final year project older workers in the 21st century
title_short Final year project older workers in the 21st century
title_sort final year project older workers in the 21st century
topic DRNTU::Business::Management::Personnel management
url http://hdl.handle.net/10356/63527
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