Employers in Malaysia urged to plan for succession ahead of retirement wave

Talent-management firm: workers near retirement age are not financially ready - and neither are employers

Published Mon, Nov 24, 2014 · 09:50 PM

    Kuala Lumpur

    MALAYSIA could have a crisis on hand as its population ages.

    It is already well known that a good portion of retirees in the country are financially unprepared for that phase in their lives when they are no longer earning, but the greying tide also brings implications for organisations in the public and private sectors, which are not doing enough to facilitate knowledge transfer and succession planning.