Start-up for Seniors
Jobs & Economy Around the web

Start-up for Seniors

Screen grab of elderly man using the computer

At one South Korean tech start-up, employees sit in neat rows, tapping away at computers. But these aren’t young, or even middle-aged workers. Instead, everyone in the company is at least 55 years old.

The aptly-named EverYoung is a content monitoring company that manages sensitive information for tech giants. And they’ve committed to hiring only seniors to do the job.

In South Korea, age discrimination often forces senior workers into retirement before the official retirement age of 60. But EverYoung founders believe their employees have much to contribute to the workforce, especially with the country’s aging population.

Mr Han Dong Geun, the public relations spokesperson, commented that they started this business to eradicate age discrimination and they believed that the seniors’ participation in the economy would help to revitalise it, and breathe some life into the ageing society. 

He added, “These seniors are more meticulous than younger people. Their strength is that they check their work very carefully.” Their workers also show that seniors can pick up new skills, even in a tech-focused economy.

Group of elderly in an office

In Singapore, senior workers could bring similar qualities to the workplace — and even influence their younger counterparts. They are also passionate and interested in their work, two key factors that keep employees at their jobs.

But tapping on this market will require a mindset shift, and a willingness from the employers to adapt to their employees’ needs.

At EverYoung, for instance, the working environment is customised to suit the needs of their staff. Workers do four-hour shifts, and take compulsory 10-minute breaks every hour. Common areas are designed for interaction, with a pantry, couches, books and even a blood pressure machine.

Designing senior-friendly workplaces in Singapore will require adjustment of mindsets from both employers and employees and will incur some costs. However, if companies are willing to invest in their workers, it will benefit both the company and country in the long run.

Watch the full video here:

Share this

Share Share Share