Tech transformation calls for more training

How can employers prepare older members of the workforce for digital transformation?

Tech transformation calls for more training

As workplaces undergo a digital transformation, how can employers leverage the experience and skills of its older workers?

NTUC deputy secretary-general Heng Chee How said that the average older working person may face higher hurdles in the adaptation and switching process.

This, especially due to estimates that say that up to 25% of jobs in the current economy may be altered or displaced by technology in the next 20 years.

“With such pervasive technology, rapid digitalisation and changing business models, how can companies stay competitive while tapping on mature workers who bring value, insights and experience to the table?” he asked.

He also asked if there could be more efforts in making the workplace more conducive for them to contribute to, as well as offering them training to enhance their technological competence.

“In this rapidly changing world of work, skills requirements change quickly with the flux of competitive business models, technology and innovation. Old areas of the economy fade away even as new opportunities emerge,” he added.

According to Channel NewsAsia, Heng had also asked if Singapore’s statutory retirement age is necessary “in light of the pervasive adoption of the performance-based employment model over the years”.

He called for the the formation of a committee to assess the need for a statutory retirement age, re-employment age, as well as an effective retirement age – which is the average age at which workers declare retirement.

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