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

20 June 2017 4:38 PM
Tags:
Start-up
EverYoung

Ian Mann, MD at Gateways Business Consultants says there are benefits to employing senior citizens that are often overlooked.

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:


20 June 2017 4:38 PM
Tags:
Start-up
EverYoung