Use knowledge and experience

My friend worked for many years as a claims manager for a Japanese insurance company.

He retired at age 62. The Japanese company re-engaged him to be an auditor to audit the underwriting and claims transactions. He earns a lower salary compared to his previous job, but he is happy to continue to be productive.

As he is familiar with the insurance operations, his knowledge and experience is put to good use. He can do a more effective job compared to an internal auditor who is an accountant.

I applaud the Japanese. They know how to put knowledge and experience to good use. I hope that Singapore companies can learn from the Japanese.