Singapore Introduces New Programs to Help Elderly, Mid-Career Job Seekers

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The programs will give employers a chance to benefit from the experience and skills of mid-career and more senior workers, says company regsitration specialist Rikvin.

Singapore Company Formation Specialists

Singapore Company Registration Specialists

In a society where productivity and youth are highly valued, companies must lead by example and be mindful to treat their senior workers with respect. After all, we will all grow old one day and would like to be treated with dignity.

In light of the tighter job market, the Institute of Certified Public Accountants of Singapore (ICPAS) and the Singapore Workforce Development Agency (WDA) have today announced a new program to boost the supply of accounting technicians.

The Accounts Assistant Place-and-Train Program has been designed to employ and then train
mid-career Singapore citizens and permanent residents with little or no accounting experience but are keen to enter the industry.

Under the program, which begins in January 2013, appointed candidates will undergo training for half a day followed by an apprenticeship component at the workplace on a daily basis for 12 to 18 months.

Successful candidates will then be awarded the Certified Accounting Technician (CAT) qualification, which can later be used to jumpstart a career in accounting.

Best of all, companies may apply for a training allowance worth up to 70% of a trainee's monthly salary.

GETTING SENIOR CITIZENS BACK INTO THE WORKFORCE

In addition, a new employment program, the Silver Care Employment @North West, has been launched to help seniors re-enter the workforce.

The program, which will conduct quarterly job fairs, aims to employ 70% of senior job seekers annually. Its first installment, which commences tomorrow, will feature 700 positions in the food and beverage, security and service industries. These positions, which include flexible and part time arrangements, have been redesigned for senior citizens.

According to data from a Channel NewsAsia report, senior citizens form approximately 35% of residents in Singapore’s North West District who are keen to work again.

Head of Operations at Singapore company registration specialist Rikvin, Mr. Satish Bakhda, applauded the launch of both programs and the move to tap Singapore’s existing pool of manpower. “In light of a tighter labor market, employers can source within Singapore to plug manpower gaps. Mid-career and elderly workers bring with them extensive experience and knowledge which can add value to an organization.”

“In a society where productivity and youth are highly valued, companies must lead by example and be mindful to treat their senior workers with respect. This can be achieved by creating a conducive working environment and educating other employees to be considerate to and patient with their more senior colleagues. After all, we will all grow old one day and would like to be treated with dignity,” affirmed Mr. Bakhda.

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ABOUT RIKVIN:
Established in 1998, Rikvin has since partnered with thousands of investors, entrepreneurs and professionals in their pursuit to access business opportunities overseas. Rikvin’s areas of expertise include Singapore company incorporation, offshore company setup, accounting, taxation and other related corporate services. Rikvin is also a licensed employment agency with the Ministry of Manpower (MOM) and offers a full spectrum of Singapore work pass services for foreign professionals who wish to relocate to Singapore.

20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
+65 6320 1888
http://www.rikvin.com

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Satish Bakhda
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