Research from Randstad has suggested that more than half of the employees around the world believe that mature workers can only remain employable if there is sufficient support provided by the government (62.7 per cent) or employers (74.8 per cent). This sentiment is higher in Asian markets, as eight in 10 employees will look to depend on the government (80.9 per cent) and employers (85.5 per cent) to help mature workers remain employed for a longer period of time.
In Hong Kong, at least eight in 10 employees look towards the government and their employers to support their employability as they age.
Natellie Sun, managing director of Randstad Hong Kong said: “With an ageing workforce, we need to work together to break down social stigmas associated with mature workers. Organisations that provide age-friendly workplace initiatives will benefit from increased workplace productivity and reduced turnover rates. In order to ensure their employability in the long run, we would encourage employees to immerse themselves in lifelong learning opportunities through short-term or digital courses provided by the government, their employers or from independent institutions.”
The minimum sample size per country is 400 interviews.
More than eight out of 10 Hong Kongers believe that their government (81.7 per cent) and employers (85.4 per cent) should support the employability of mature workers. Similar across all the markets, employees between the ages of 35 and 54 have higher expectations of their government and employers and feel that it is their responsibility to keep mature workers in the workforce longer.
Malaysia ranked the lowest across the region in terms of their expectations. At least seven in 10 employees believe that the government (76.1 per cent) and employers (80.8 per cent) should support their employability as they age. Support may be provided through adequate learning and development programmes by either the government or employers to ensure the long-term employability of Malaysian employees.
At least eight in 10 Singaporeans believe that mature employees can only remain employed if they receive sufficient support from the government (84.7 per cent) and employers (90.4 per cent). The results showed that mature employees have high trust in the government to provide subsidised training and career development programmes, and in their employers to offer a robust job training programme to assure their employability within the workforce. This is further supported by the survey, where 92.4 per cent of mature workers strongly believe that they will have a chance to stay employable only if their employers support them.