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?

The Unemployment among the youth is a Worldwide problem. One solution put forward by some people is that the employers should ask the employees above the

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of 55 to consider retiring. I completely disagree with

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idea because it will lead to increased unemployment for the people in the middle -

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group and companies will lose experienced human capital.

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of all, early retirement will result in loss of the experienced human resource;

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, the overall productivity of the company will dwindle. After recruiting at a young

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, the employees are trained in different aspects of their job, and they become experts in their respective fields. If they are retired at a time when they are most useful, the resultant losses for the organisation will be enormous.

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, someone who is recruited at junior level in human talent department, gains experience over the years, and becomes head of his branch. Retiring him at

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stage when he has so much to offer will be suicidal for the company.

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,

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a move will lead to increased unemployment for

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group. Most of the people, by the time they reach their fifties, have mastered specific skills.

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, there is only one area in which they can work and perform well. If they are let go at

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, they will not be able to find a new job.

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, a seasoned human resource manager, after forced retirement, will not be able to work anywhere else.

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highlights the ill-effects of encouraging people to retire above the

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of 55-years. In conclusion, it is clear that I disagree with the idea of offering premature retirement to those above 55-years because of the valuable loss of experience and rise in unemployment for

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age

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group. The government should focus on alternative strategies to increase job opportunities for the young.