Charl Smit Charl Smit

One should do away with the whole "retirement" issue. People should be able to work for as long as they want and only step down when they feel they had enough. In any event, by enforcing "retirement dates" you just dump the brain power of the working force at the end of the day and some times end up with having only "unexperienced" youngsters to do the work, which can have a negative impact on the company. Rather let the "grey heads" work as long as they want (and can for that matter) and let the young and upcoming stars benefit from their knowledge and experience. At least then you will have a competent younger generation to take the business to the next level!
Posted: 8 January 2004 at 09:16

Richard Bryant Richard Bryant

In 2003, contributions to the South African Unemployement Insurance Fund was extended to virtually all classes of employees on a compulsory basis. But the old panel-beaten law did not provide UIF benefits for employees over 65!

The obvious question was, How can you be unemployed if you are retired??? I guess for some, this may be a mind-boggling question.

Rather than change the idea that 'retirement' is an outmoded concept, they recently passed an amendment to the UIF Act exempting employees over 65 from contributions.

These concepts are engrained in law and in the the thinking of law makers. Both retirement and unemployed are concepts of the industrial age where a person had one job generally and worked there until retirement. Both concepts in the industrial age have an enormous financial and social cost, and both need to be obliterated from the thinking of policy and lawmakers.

Posted: 8 January 2004 at 09:57

Wolfgang Grulke Sunday papers confirm trends - 19 September 2004

Just a few headlines from today's London Sunday Times: "No company will ever again set up a pension scheme" and "Crisis is worse than we thought" - so what are YOU going to do about it?
Posted: 19 September 2004 at 11:33

John Menasce Retirement? Forget it

There are few competent technical resources in the age group 30 to 45.Companies that persist in the mandatory retirement age of 65 will only shoot themselves in the foot. In our own organisation we have extremely competent engineers in the 60 plus age group several of whom have selected their lifestyle to balance work and leisure by working as contractors rather than permanent employees and selecting the hours that they work. With the increasingly affordable IT technology to work from home or the virtual office this trend can only increase and it is the wise company management that capitalises on it to use the grey beards to mentor and train the younger engineers and technical managers.
Posted: 16 August 2007 at 12:54

Neil Jacobsohn Retire? Who me?

Are you thinking about the issue of retirement in your business? It is becoming a global social and business issue, as life expectancy continues to increase in the established economies. The idea of retirement at 55 or 60, when you're likely to live another forty or more years, is simply outdated. It's an issue we tackled in the attached MindBullet back in 2004, and one that The Economist explores in this excellent article.
A FuturesForum post (titled: "Retire? Who me?") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=97655164-b514-437a-859b-7840ca16a4c8
Posted: 8 April 2011 at 11:38

Anton Musgrave Gamification in the serious investments business

Another example of the impact and success of gamification in the new generations.
A FuturesForum post (titled: "Gamification in the serious investments business") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=440e4d9b-1578-499d-9a05-661f201c1e38
Posted: 23 September 2014 at 13:48
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