EverYoung, a technology company based in Seoul, South Korea, has an unusual yet strict condition when hiring new staff – candidates have to be at least 55-year-old. It’s been this way ever since EverYoung was founded, in 2013, and it now employs 420 seniors aged 55 to 83.
South Korea’s corporate culture is notorious for forcing workers into retirement before they reach the official retirement age of 60, but EverYoung founder, Chung Eunsung, hopes to change this practice by proving that seniors can be just as valuable to a company as young workers. In 2013, he set out with the clear goal of only hiring only individuals over the age of 55 and he has stuck with this rule for the last 4 years.