Aging Issues and HRD in South Korea
For several decades, South Korea has witnessed the rapid aging of its population. Advancements in health-related technologies and medical solutions, better health education, and governmental policies to improve health conditions have significantly extended older people’s lifespan. The rapidly declining birth rate has also contributed to the aging trends in South Korea (OECD, 2018). In the workplace, older workers tend to delay retirement since they want to maintain their current jobs to fulfill their life objectives (Lim, Park, Park, & Jang, 2020). As a result of these aging trends, South Korean society has and will continue to encounter many new challenges in every aspect at the individual, organizational, community, and societal levels. To proactively address these challenges in the workplace, organizations must establish new work policies and multi-level interventions at the individual, group, and organizational levels.