Monday, January 15, 2007

Singapore: Study Shows Employers Prefer To Train Younger Employees

According to an article in Today by Lee U-Wen, a recent study by the Ministry of Manpower (MOM) shows that older workers are being looked over in training opportunities, with companies, instead, prefering to train their younger, more nimble workers.
"This is ... due to the higher opportunity cost or the narrower time horizon of reaping the benefits out of the training programme," said the report, the most extensive study since MOM first tracked training participation back in 2000 and involved some 2,400 people.
Singapore Human Resource Institute executive director David Ang, one of several HR experts interviewed, suggests that companies should give priority to the rank-and-file workers, especially those caught in the web of structural unemployment; the older they get, the less their opportunity for training, but they need the skills more than anyone else so as not to remain stagnant.

Source: Today "Older workers overlooked" (January 12, 2007)

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