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For years, promotion depended, to some degree, on seniority. However, much of that has been changing. Tricia Bobeda (2005) has addressed that many young people are entering the work force with high expectations about how quickly they will reach the top of an organization. They have good education such as MBA and good ability so that are higher chance to reach the management rank. ChiTin (2005) said the average age of the top management is 10 years younger than that of 10 years ago in Japan, On the other side, in Hong Kong, according to a recent AXA Global Survey (2006), the average retirement age is 57 and has a trend increasingly older...
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