Some people believe that to give opportunities to the new generation companies should encourage high level employees who are older than 55 to retire. Do you agree or disagree?

According to some people, organizations should encourage their senior employees to retire early so that young people can have more job opportunities. In my opinion,

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strategy might benefit young job aspirants;

however

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, it will be detrimental for the

company

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. Senior employees have invaluable experience and for

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reason companies should encourage them to stay. Of course, if seasoned workers retire earlier, more young people will get employment.

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,

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does not always benefit the

company

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. The higher

level

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employees have superior skills and experience that new workers lack. As some of them have worked in the same

company

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for more than two or three decades, they are familiar with the day-to-day operations of the

company

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and their expertise makes them a valuable asset.

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, their retirement will result in the loss of a great pool of talented workers and the

company

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will suffer huge losses. There are people who argue that recruiting more youngsters can help companies save money as the salary of experienced workers is exceptionally high.

For example

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, the salary of an employee working at a managerial

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may be thrice as much as that of an entry

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employee. While

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may be true, the retirement of experienced employees will lead to a talent crunch that eventually affects the bottom line of the

company

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. What’s more, if high

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workers retire, there will not be enough experienced workers to provide training to the newly hired employees. Without the intensive guidance and supervision of their mentors, new employees will not be able to hone their skills. Gradually, the

company

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will lose productivity and revenue. To conclude, while some people may suggest that senior workers should retire at an earlier age to give more opportunities to the younger ones, I do not agree with

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argument as their retirement means a tremendous loss to the companies.