• Sansiri is preparing for sustainability by piloting a new policy extending the retirement age from 60 to 65 years on a voluntary basis, reinforcing its commitment to caring for employees who are a vital driving force of the organization in every aspect, aiming to be the best organization and home for its staff.
  • This policy is aligned with the government's push to increase the number of older workers to maintain a sufficient labor force amid a declining population and to help address the challenges of an aging society.

Sansiri, the leading real estate brand, is ready for sustainability and stands by its employees through every change. The new policy extending the retirement age from 60 to 65 years on a voluntary basis marks it as the first organization in the real estate sector to promote and provide stable growth opportunities for employees who can still work effectively. This reinforces the ongoing commitment to employee care, who are essential to the organization, and readiness to support them through all changes, aiming to be the ‘best home’ that genuinely cares for the quality of life of all employees.

Additionally, this aligns with the aging society and the labor market, which is facing a shortage of skilled workers. It is anticipated that extending the retirement age will contribute to Thailand's economic growth and is crucial in supporting the government's initiative to increase the number of older workers to maintain a sufficient labor force amid a declining population, as well as being part of the solution to the challenges of an aging society.

Currently, Thailand is entering a new demographic structure, with the elderly population reaching 20% of the total population. It is projected that Thailand will transition to a super-aged society, with over 30% elderly by 2033. This trend is becoming a significant issue for many countries worldwide, as it brings challenges and impacts in various dimensions, such as economics, health welfare, and social issues. Many countries are beginning to adjust their retirement ages, including France, the UK, Norway, and Asian countries like Japan, Singapore, and most recently, China.

Sansiri's policy of “extending the retirement age from 60 to 65 years on a voluntary basis” opens up stable growth opportunities and supports employees who can still work effectively to showcase their potential, creating job security and improving quality of life. This policy promotes collaboration among employees of different generations (Generation), enhancing the capabilities and skills of employees at all ages through learning and growing together. It reinforces open-mindedness and generational diversity within the organization and contributes to sustainability in addressing the challenges of a new demographic structure, driving the organization towards effective change. Sansiri is now ready to overcome all challenges to create a stable and sustainable future for employees, the organization, and society together.

For over 40 years, Sansiri has prioritized employee care, which is a crucial part of the four pillars of society (customers, employees, shareholders, and society) to provide the best for employees in every aspect. This includes offering competitive salaries and basic benefits, as well as special benefits tailored to different employee groups, such as promoting educational opportunities for employees' children and alleviating educational expenses for parents with children from kindergarten to university level, with a budget of up to 10 million baht per year. Additionally, there are programs to address employee debt issues through interest-free loans to help employees escape from informal debt. Ultimately, Sansiri continues to strive to create the best for employees, who are considered “the most important people,” to be a model organization with quality in the future.