GHRF2006: The Future Workforce - Impact of the Ageing

* Chair: Chuly Lee, Vice President and Regional Manager, Watson Wyatt, Asia-Pacific
* Speaker:
- Kitazato Koshiro, Chairman, BT Japan, Japan
- Timothy Lynch, Regional HR Director, Boeing Asia-Pacific
- Pratik Kumar, Executive Vice President, Wipro Limited, India
- John Philip S. Orbeta, Managing Director, Group Head for Strategic Human Resources, AYALA Corporation, Philippines
* Description :

Due to the decline in birth rates and a simultaneous improvement in life expectancy, ageing in the Asia Pacific region is recognized as a key economic and social issue that will need to be tackled in the 21st Century. According to the U.S. Census Bureau, in 2000, the population aged 50 and above accounted for 17.2% of the total population in 12 major Asia-Pacific countries. This percentage will increase to 31.4% in 2030 and 38.7% in 2050.

The impact of this demographic trend on the economy and society will be extremely dire. Decision-makers at company and government levels cannot afford to ignore the seriousness of the problems caused by an ageing population. Employers concerns focus on attracting younger workers in the highly competitive environment, and understanding the implications of employing older workers in a rapidly ageing society.

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Education

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