As the baby boomers hit – and pass – the (formerly) standard retirement age, the global workforce will need to continue absorbing the dramatic rise in employees over 65 for the next 10 to 20 years. A company in South Korea has found the solution to that problem; EverYoung, a technology services firm, only employs those over 55 years’ old.
Founded to specifically to take on South Korea’s business culture that favors the young, EverYoung’s offices show a very different side of emerging companies, a stark contrast to what you’d normally find at a Silicon Valley tech company.
There are plenty of blood pressure machines and sofas to rest when employees feel the need; employees receive special health and exercise incentives and they even receive bonuses for every new grandchild born.
EverYoung may be just one of the first companies to take advantage of the contributions these older generations can make to a company’s growth.
Learn more about EverYoung, their employees, and more in this edition of Founders Flash.
- You have to be over 55-years-old to work for this tech start-up (Washington Post)
- 4 reasons employees need to be involved in your hiring process (Entrepreneur)
- How to create the right culture for your startup (Tech Co.)
- The startup that Bill Gates and Jeff Bezos are both invested in (Fortune)
- How to visualize owner equity, funding rounds and exit strategy (Forbes)