Sunday, November 02, 2014

Taiwan: Survey Shows Older Workers Planning To Work after Retirement Age

1111 Job Bank has released a survey finding that the vast majority of Taiwan’s office workers intend to continue working after they retire. The main reasons given are financial concerns or to gain a sense of achievement. Specifically, 85.9% of those surveyed said they would still work in one form or another after retiring, with about 51% saying that they will look for part-time work, another 13% intending to start their own business, and 18% planning to devote their energy to investing and managing their wealth. An additional 3.8% said they would try to find a full-time job.

1111 Job Bank vice president Ho Chi-sheng recommended that the government should quicken its pace in establishing a comprehensive care system for senior citizens, especially in view of Taiwan’s rapidly aging population, and advised enterprises to improve their work conditions and lower hiring thresholds for middle-aged and elderly workers.

Source: Taipei Times "Taiwanese office workers hope to work in retirement" (October 29, 2014)

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