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AccorHotels organises workshops for its employees to improve their financial literacy

Friday, November 16, 2018, 10:20 Hrs  [IST]
HBI Staff | Mumbai

AccorHotels is enabling financial literacy amongst its employees by collaborating with Be.artsy for conducting financial literacy workshops at select ibis hotels. A survey conducted by Standard & Poor’s Financial Services LLC (S&P) pegged says India’s financial literacy is at only 24%, so AccorHotels took a step forward with the help of Be.artsy, enabling its employees to have a basic understanding of financial concepts to make sound decisions. 

Commenting on this initiative, Pierre-Etienne de Montgrand, Director of Operation ibis & ibis Styles said, “AccorHotels considers its employees at the heart of the company. Their growth is our growth. This collaboration with Be.artsy on financial literacy empowers employees to financial freedom and furthers their independence. Their methodology to conduct the sessions is unique and quirky keeping the employees engaged and involved.”

8 sessions of the financial literacy programme were held at ibis hotels across Delhi, Gurgaon, Mumbai, Nashik, Jaipur, and Goa with 270 employees in attendance. As a part of this workshop, Be.artsy uses innovative two-way interaction and performing arts (street theatre) as a medium to decode financial jargon so as to help people understand complex personal financial planning concepts such as inflation, savings, investments, compounding, and the dos & don'ts in personal financial planning.

“The programme has no hidden sales or marketing agenda. It is 100% educative with the objective of spreading awareness of personal financial planning. By providing people with details on some very basic yet unknown facts about money, we offer them the confidence to plan their finances with caution and clarity,” said Shikha Mittal, Founder-Director of  Be.artsy. 

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