Some people believe 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, modern organizations should persuade senior workers who are over 55 years old to retire to make room for the upcoming generation. I strongly disagree with

this

statement because in my opinion steady hand of the experience can still be the best guide for a company in most cases.

Initially

, senior employees, with their working experience, are essential to strengthen the thrilling development of many companies. Within their long-term careers they have achieved tremendous skill set about specific fields

such

as marketing strategies as well as social competencies, like cooperation and nonverbal communication. Meanwhile, the young people who may perform

innovatively

and dynamic working style,

however are

Accept comma addition

however, are

seen deficiencies of

this

kind of qualifications and often need to seek for judicious advice from the elders. With lack of knowledgeable jobholders, companies may experience a hefty budget decrease.

For example

, no sooner had the Samsung company dismissed their contract with senior generations to replace them with younger ones, than they witnessed a considerable deterioration in competitiveness.

Furthermore

, an early retirement may cause several social problems.

Firstly

, the sooner citizens take retirement, the bigger tax burden to existing workers. Irrefutably, when elders are no longer working, they demand social welfare to survive because often their pension does not allow them to have decent standards of living.

Consequently

, it results in major expenses from government spending like medical care which is usually extremely high in certain countries. In conclusion, encouraging older staff to retire after the age of 55 may have broad repercussions, including the financial burden of the government and loos of stabilization in the companies.

That is

why corporations should take these arguments under consideration before making

such

crucial decisions.