Dulsco staff get finance training from Barclays
Initiative done as a part of Barclays' "Smart Start" program
As part of its long-term commitment to corporate citizenship initiatives, Barclays empowered over 200 workers at Dulsco by equipping them with money management skills through a training workshop conducted as part of its global “Smart Start” initiative.
The training, which was delivered by employees from Barclays, enables participants to learn more about managing and planning their finances, and thereby taking a savings-led approach.
Participants from various cultural ethnicities, including people from India, Nepal, Ghana and Pakistan, attended Barclay’s multi-lingual training workshop. The session provided participants with jargon-free financial training offering insights in Hindi, Urdu and English towards savings, money transfer and loans.
Ten employees from Barclays volunteered towards this workshop and conducted interactive sessions with the Dulsco workforce on fundamentals of money management and providing them with routine tips on financial spend.
Commenting on the initiative, Andrew Mortimer, country managing director - UAE and chief operating officer, Barclays Bank PLC Middle East & North Africa, said: "We are pleased to be associated with Dulsco for workforce empowerment and imparting education with an aim to support and develop the financial capability skills of limited income individuals in the UAE.”
“Financial literacy is the pathway to progress, and when combined with practical skills it gives a strong sense of personal triumph to an individual, which interim is reflected in better performance and job satisfaction,” Mortimer said. “We have received positive feedback from both the employees and management of Dulsco and hope to replicate this model with more organizations across the country."
Johnson Alexander, director, human resources and quality, health, safety and environment, Dulsco, said: “Our workforce is our lifeline. We regularly carry out such initiatives to empower and guide them - so that they can have a financially strong future. Money management skills are highly important and people seldom make an effort to learn the skills due to their limited knowledge.”
“We are thankful to the volunteers from Barclays who took an extra effort to guide and nurture our workforce with regard to the money management tools,” Alexander added. “I am sure our workforce has immensely benefitted through this workshop. We will be conducting more such enriching workshops soon as we have a strong workforce of over 9,000 people.”
The initiative also aligns with Barclays' “Banking for Brighter Futures” program, which was developed to enable participants to learn more about managing and planning their finances in a practical and relevant manner.