Author(s): Teeraphat Kitjarak, Sirimas Muensai
The current research aims at examining policy formulation guidelines towards elderly employment in developing countries, through document analysis. Investigation of Thailand’s employment policies indicated that the government should promote voluntary employment among the elderly workers, without the private sectors’ force. The government should also support them to have rights, tax incentives, as well as organization royalty. The findings correspondingly display appropriate employment patterns: re-employment, extending retirement age, flexible employment, and informal labor employment. To formulate elderly’s compensation policy, the following dimensions must be taken into consideration: (1) suitability of the elders’ occupation, vacancy, and job characteristics, (2) employment traits, wage rate, benefits, welfare, and proper work conditions, (3) opportunity for getting a job, earning fit wage rates related to the job description, and (4) policy recommendations. Lastly, to create job opportunities for rural area elders, the policy should concentrate on consistency between the elders’ job and their community needs and context. Clubs and different occupation groups should be progressed to upskill the elders. More importantly, the policy better encourages career guidance oriented by state and private agencies, network associations, and self-employed individuals.