Nowadays more and more older people compete with younger people for same job. What can be the reasons for this? What would you suggest as a solution?

In recent
decades there
Accept comma addition
decades, there
is increased competition
between
Suggestion
among
aged
Suggestion
age
people with their younger counterpart for the same
job
position. Responsibility to support the family financially by older people is the main reason along with fitness and increased life expectancy which made it possible for them to work after
retirement
. Realistic pension scheme and quota system for
both
freshers and aged people can be solutions. To start with, not having enough savings for their retire life force them to compete with youngsters.
In other words
, to bear the expense of their daily needs as well as their dependents become a burden for them without having sufficient
money which
Accept comma addition
money, which
eventually makes them search for a new
job
and compete against young people.
For example
, according to a
job
consultancy firm, 53%of people working in different private sectors of Bangladesh have no savings after their
retirement
age and start to seek a new
job
.
Moreover
, comparatively healthy elderly people with longevity than in previous years prefer to continue their working life. To explain
further
, as senior citizens feel
healthy
Suggestion
healthier
more healthy
, rather than being a burden to others, they choose to work which makes them feel productive and increase their self-esteem. The key solution would be to enforce a reasonable
retirement
program by the state for older people. The government should make strict rules for every small and big company to have a mandatory pension scheme for their employees.
In addition
, the government should promote a fixed percentage of jobs for
both
young and their older counterparts.
For instance
, 30% of the posts that demand experience can be allocated to the aged candidate and 70% of those require high academic qualifications can be given to fresh graduate. In
this
way,
both
categories of employees will be benefited from each other sharing their knowledge and experience. In conclusion, inadequate financial support during their
retirement
age as well as healthy elderly people having a passion for working is two prime reasons for stiff competition of older people against younger counterpart. Law for reasonable pension policy by the government and recruiting a fixed percentage
from
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of
both
groups of candidate can be the solutions.
Submitted by maneet.kaur110 on

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