Suhaib Al Marzouqi said the toolkit concept is proving a big hit. Mona Al Marzooqi / The National
Suhaib Al Marzouqi said the toolkit concept is proving a big hit. Mona Al Marzooqi / The National

The ideas toolkit that’ll put employees in the saddle



ABU DHABI // Companies are encouraging their employees to go to work on two wheels rather than four with the help of a novel bicycle toolkit.

Instead of showing how to change a puncture or a broken chain, the Toolkit for Organisations, distributed by the Department of Transport Abu Dhabi, explains how and why firms should participate in The National's Cycle to Work initiative taking place on Tuesday, January 12, with tips on how to emphasise the health and environmental benefits.

“Last year, we used the campaign to encourage participation among our employees but this year we are helping approximately 60 organisations engage their workers,” said Suhaib Al Marzouqi, section head of the Transport Mobility Management division.

Mr Al Marzouqi said almost all of the organisations approached by the DoT were interested and keen to be involved but were unsure of how to go about it.

“The toolkit serves as a guide letting them know the best way to encourage their employees,” he said.

Some of the suggestions include educating employees on the proper use of bicycles through safety and maintenance sessions, organising cycling activities before the event to increase confidence and familiarity with their bikes and providing employees who take part with a reward such as breakfast.

The toolkit also highlighted The National's Cycle to Work photo prize draw as a way to further involve the workforce.

Mr Al Marzouqi said another way the toolkit provides guidance is to highlight the routes where employees could safely ride on dedicated bicycle lanes.

He said as the DoT’s Walking and Cycling Master Plan is working on extending safe walking and cycling corridors it is important to build a culture of biking while the infrastructure was being developed.

“Why develop a state-of-the-art infrastructure and not have many people use it. The masterplan’s goal is to engage people to use sustainable methods of travel, whether it’s cycling, walking, carpooling to using public buses. This will also lead to a reduction in congestion and increase in the public’s health.”

A more long-term solution to encourage cycling is the provision of shower and changing facilities at company premises, said Mr Al Marzouqi.

“Another important measure is to ensure workers were more aware of their health. For example, one of our events included bringing in people from SEHA for blood tests. This gave them a better idea of what their cholesterol and blood sugar levels were.”

An avid cyclist, Mr Marzouqi makes full use of the bicycle lanes around his Shakhbout city neighbourhood as well as cycling at the Yas Marina Circuit.

He said promoting cycling as a leisure activity was important.

“Our approach is to encourage people to use bikes for leisure purposes after their working hours. Then, step-by-step, we hope it becomes the main method of transport.”

tsubaihi@thenational.ae

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

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