Ageing in Asia: Asia’s Position in the New Global Demography

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Yi Zeng. Life after Lisbon. Christian van Stolk. Endangered Daughters. Elizabeth Croll. Analysing China's Population. China in Search of a Harmonious Society. While the task of addressing the graying workforce in Asia will be a vast societal undertaking carried out over a long period of time, companies can help ease the transition by adopting steps, including the following:. An aging workforce may soon be commonplace everywhere.

Ageing in Asia

Companies need to start making its impact more positive. Follow him on Twitter at daeryun. Managing people.

Dae Ryun Chang. Companies need to jump over the psychological hurdle to acknowledge that the population is aging quickly and that it has HR consequences. In addition, companies should spread the mindset that the graying population can be repositioned to help solve the related labor problems. Deconstruct corporate working norms. Asia takes pride in its Confucian tradition , but in companies, it just gets in the way of hiring and managing older workers.

The dogma that the old are wiser and have to be respected ends up hurting this segment because it reduces their flexibility. Respect is fine but it should flow both ways between the young and old. Another norm common in countries like Japan and Korea is emphasizing long hours of onsite work. If the added workers can contribute online while offsite, the lack of in-person contact could lessen the cultural discomfort of younger bosses working with older employees.

The biggest knock against the older workers is their low flexibility which is much worse in Asia PDF. To overcome that stigma, these workers must show that they are able to cope with new working terms and conditions.