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Posts Tagged ‘productivity’

Ageing is a natural process. People age as soon as they are conceived. And society, so far, has been able to find a place for each phase of the ageing process: the nursery for the child, the school for the teenager, the working place for the mature person, and the bench in the sun for the older person. The division so far has been neat: child 0-12, teenager 13-19, mature 19-65, older person 66-infinite. And here is the problem: when +65 was more or less a homogeneous group, the last division worked reasonably well. But when the over 65 group keeps expanding its upper limit to higher and higher numbers, say 90 or even 100, who can even think that the 67 and the 95 year old have the same interests and needs?

Society has been able to smooth the transition from teenager to adulthood by providing a system for the teenager to start getting involved in adult activities, be it summer jobs or working grants.

But so far society has been unable to provide such a transition from adulthood to over 65. You reach retirement age and you are finished. No more getting up at 7am, no more chatting with colleagues, no more feeling productive. And all that in 24 hours.

Would it be so difficult to develop a system that allows phasing out retirement according to a person’s needs and expectations?

There are two main drawbacks, in society’s opinion, against keeping older people at work. From the employer’s point of view, older people have accumulated so many perks that they are more expensive than younger ones. There is also a pre-conceived idea about older people and their lower productivity. Productivity is the sum of speed and the lack of errors. By that definition, there is no evidence that an older person is less productive than a younger one. This pre-conceived idea about the lower productivity of older people is being revised (see The Economist: Special Report, “The Economics of longevity“).

The solution to these problems lies with the Regulator. Sensible and flexible labor regulation could easily overcome those drawbacks. What is needed is more political will to design solutions and less dramatization of the supposedly insurmountable problem that ageing is bringing to our society. Let´s get trade unions, business organizations and government to do their job and work together towards making the transition from adulthood to retirement smooth.

Enough is enough! I am not going to feel guilty for being over 65 and planning to live as long as possible and enjoying every minute of it!

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