This Korean start-up won't employ you unless you are at least 55 years of age

A start-up, content monitoring company, in South Korea is making headlines for only hiring staff that are aged 55 years and over.

EverYoung's founder, reportedly established the rule of hiring senior employees to prove the futility of age discrimination, a phenomenon that’s said to be prevalent in modern Korean corporate culture.

EverYoung now employs 420 seniors.

Ian Mann, MD at Gateways Business Consultants, says this business model is quite sensible adding that older people bring a reliability that you won't necessarily get from a younger person.

People who aren't able to reinvent themselves are going to find themselves out of work very soon.

Ian Mann, MD at Gateways Business Consultants

We're going to be living in an agnostic generation.

Ian Mann, MD at Gateways Business Consultants

Mann says in the near future, your production skills will determine whether or not you will have have a job. He adds that we'll soon have to rely on ourselves for employment as it has been proven that trade unions are unable to save jobs.

Listen to clip below for more:

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Bathabile Dlamini and Sassa no-shows at Parly meeting

Bathabile Dlamini and Sassa no-shows at Parly meeting

Sassa sent a letter on Tuesday night saying it had nothing meaningful to report says EWN reporter Lindsay Dentlinger.

Stellies 'worm whizz' wants to know what fisherfolk use on their hooks

Stellies 'worm whizz' wants to know what fisherfolk use on their hooks

A marine biologist is leading a survey which aims to gain a better understanding of the demand on worms as bait along the coast.

This Cape Town man has been off the water grid by harvesting rainwater at home

This Cape Town man has been off the water grid by harvesting rainwater at home

Mechanical engineer Andy Cunninghame has proven that it is possible to save municipal water by harvesting and filtering rainwater.

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

A policing expert explains that the airport shooting may be linked to the shooting at a Stellenbosch nightclub this past weekend.

Discovery's bank licence approval may see unhappy clients jumping ship

Discovery's bank licence approval may see unhappy clients jumping ship

Business Day's Hilary Joffe predicts that the venture will be innovative and joined to the existing Discovery Vitality card.

Smartphone multitasking can hinder varsity students ability to study - research

Smartphone multitasking can hinder varsity students ability to study - research

Stellenbosch University's Cognition and Tech Research Group Daniel Le Roux explains the effect of media multitasking on cognition.

Popular articles
Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Pamela Nomvete on her downfalls as actress, and 'climbing back'

Pamela Nomvete on her downfalls as actress, and 'climbing back'

This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.

[WATCH] New adapted national anthem by students

[WATCH] New adapted national anthem by students

Fees Must Fall activists singing the national anthem with a new melody and phrases calling it a 'decolonised national anthem'.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?