The document discusses concerns about managing mature employees in organizations as the average employee age rises. The top concern is that physical job requirements may exceed the abilities of mature and older workers. Additionally, health and insurance costs are expected to increase with an aging workforce. Mature employees are also sometimes unwilling to change or learn new technologies. Flexible schedules are not always available to accommodate part-time or flexible work arrangements for older employees.

1. Panel Discussion

2. CONCERNS - MATURE, OLDER EMPLOYEES
Issues and Challenges organisations faced in relation to managing mature employees
As average age of employees rises, health and 67%
insurance costs go up
# 1 concern physical abilities beyond mature
Jobs may require 43%
and older employees’ abilities
As average age of employees rise,
Issues & Challenges
Mature and older employees are often unwilling to 38%
health change or learn newinsurance costs will go up
and health things/technology
Jobs are not currently structured and re-designed 38%
#2 for part-time and/or flexible schedules
concern
Jobs may require and olderwill notabilities beyond mature
Concerned that younger manager
physical be able
38%
to supervise mature employees
and older workers abilities ( productivity) 26%
Flexible schedules are not often available
0% 10% 20% 30% 40% 50% 60% 70%
% responses
Source: Leading Practices for managing mature employees. 2
Tripartite Alliance for Fair Employment Practices 2010

3. WHAT HEALTH RISKS ARE YOU SEEING IN YOUR
EMPLOYEES, WORKPLACE TO CAUSE CONCERN?
High stress Unhealthy
level employee
69% lifestyle Overweight
43% 18%
Sedentary
jobs Physical
27% occupational
health risks
20%

4. I AM CONCERNED BECAUSE POOR EMPLOYEE HEALTH…
High medical,
insurance costs
Impacts
productivity

5. HOW ARE WE MEASURING UP-
PRODUCTIVITY

6. All workers,
regardless of age
Technology People- Training
Health
Productivity, Profit, Growth, GDP

7. Grow productivity, not just GDP PM Lee Hsien Loong 26 Jan 2010
“Singapore is to adopt a new economic growth strategy
focused more on improving productivity than pursuing growth at all costs.
The reason boils down to the country's land and labour constraints”
Min. Manpower Gan KY DPM Tharman
20th Jan 2011
Chairman , National
Productivity and
“Investing in safety and
health can benefit your Continuing Education
business- productivity & Council 10th June 2011
business performance.
Workplace health- Making a business case •“We will simplify
Failure to devote resources
in safety and health can lead CDC USA processes to improve the
to significant business costs •The workplace is an important setting for health accessibility and outreach
downstream, such as protection, health promotion & disease prevention of our schemes. …
employee compensation, programs.
absentee turnover, lost •Workers on average spend more than one-third of their
productivity and damage to •Look into effective ways
reputation.” day, five days per week at the workplace.
of engaging the public to
foster a culture of
•While employers have a responsibility to provide a safe
& hazard-free workplace, they also have abundant
continuous improvements
opportunities to promote individual health and foster a as a way to benefit both
healthy work environment workers and companies. ..
Min. Health Gan K Y •Work closely with
21Sep 2011 •The use of effective workplace programs, policies,
maintaining healthy workforce can businesses and workers to
• Reduce health risks , raise productivity on a
More young people hit by
chronic disease • Lower direct costs such as insurance sustainable basis, so that
premiums , worker’s compensation all Singaporeans can share
claims. in the nation's progress.”
2 in 5 Singaporeans aged 20
years and above are already • Positively impact many indirect costs
suffering from at least one such as absenteeism and worker
chronic ailment productivity

8. Productivity and People- An Age friendly workplace
Together we will succeed!
Technology People-Health Training
8

9. National Productivity Fund .. Technology and Training..
How about the people themselves who are being trained and using the technology ?
• Purposes of Fund
4. —(1) The moneys in the Fund may be withdrawn and applied for all or any of the
following purposes only:
• (a) the provision of financing (but not loans) or incentives (including grants and
scholarships) to any public authority, enterprise, educational institution or other
person (whether in Singapore or elsewhere) undertaking or facilitating any
programme on matters relating to productivity enhancement and continuing
education;
• (b) the payment of expenses incurred by the Board in the performance of its
functions and the discharge of its duties under this Act, including any remuneration
or allowances payable to the members of the Board who are not public officers;
• (c) the payment of all expenses incidental to or arising from the administration,
investment and management of moneys in the Fund.

10. THE SIMPLE ACT OF PAYING
POSITIVE ATTENTION TO
PEOPLE HAS A GREAT DEAL TO
DO WITH PRODUCTIVITY.
Tom Peters
If you want 1 year of prosperity, …
Grow grain.
If you want 10 years of prosperity, …
Grow trees.
If you want 100 years of prosperity,…
Grow People. 10