Compulsory retirement is common in many countries when members of the workforce reach 65 or 70, and this has both pros and cons as will now be considered.
The main advantage of requiring people to leave their job at a certain age is that it provides opportunities for younger members of staff to join the company, often meaning that the company benefits from having lower wages to pay for the new recruit and also having younger, potentially more dynamic employees. This in turn could well give the company the required boost to continue being profitable.
Another advantage is that some older people may choose to keep working more out of habit than enjoyment, and therefore a mandatory retirement may encourage them to enjoy their life more, having the free time to engage in hobbies and interests such as gardening. Which they may not have previously had time for up to that point.
Yet there are significant disadvantages in forced retirement. Older staff members often have more experience, and may have no desire to leave their job. Requiring them to leave could mean a skill shortage for the company as well as a feeling of discontent from the employee. Added to that is the rising number of older people and the subsequent drain on resources if they are not working, if there are more elderly people on pensions or other benefits, the increased tax burden falls on the younger generation.
In conclusion, there are both social and economic benefits of allowing older people to remain in employment if so desired, so compulsory retirement would not be recommended.
Compulsory
retirement
is common in
many
countries when members of the workforce reach 65 or 70, and this has both pros and cons as will
now
be considered
.
The main advantage of requiring
people
to
leave
their job at a certain age is that it provides opportunities for younger members of staff to
join
the
company
,
often
meaning that the
company
benefits from having lower wages to pay for the new recruit and
also
having younger,
potentially
more dynamic employees. This in turn could well give the
company
the required boost to continue being profitable.
Another advantage is that
some
older
people
may choose to
keep
working more out of habit than enjoyment, and
therefore
a mandatory
retirement
may encourage them to enjoy their life more, having the free time to engage in hobbies and interests such as gardening. Which they may not have previously had time for up to that point.
Yet
there are significant disadvantages in forced
retirement
.
Older
staff members
often
have more experience, and may have no desire to
leave
their job. Requiring them to
leave
could mean a
skill
shortage for the
company
as well
as a feeling of discontent from the employee.
Added
to
that is
the rising number of
older
people
and the subsequent drain on resources if they are not working, if there are more elderly
people
on pensions or other benefits, the increased tax burden falls on the younger generation.
In conclusion
, there are both social and economic benefits of allowing
older
people
to remain in employment if
so
desired,
so
compulsory
retirement
would not
be recommended
.
7Linking words, meeting the goal of 7 or more
7Repeated words, meeting the goal of 3 or fewer
7Mistakes