Arcos Dorados opens its corporate university to young people from Latin America by offering free training in skills that will contribute to their future

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Posted 08-12-21

Proposed by Arcos Dorados Holdings

In response to the concerns of young people in the region, the company is offering five digital express courses which will issue an official certificate from the University of Hamburg. According to an opinion study carried out by the company in collaboration with the consultancy firm Trendsity, 61% of young people say that training is necessary to compensate for the lack of experience in the search for a first formal job. In response to youth capacity issues in the region, the company is offering five digital express courses which will issue an official certificate from the University of Hamburg. According to an opinion study carried out by the company in collaboration with the consultancy firm Trendsity, 61% of young people say that training is necessary to compensate for the lack of experience in the search for a first formal job.

Aug.12, 2021 / CSRwire / – Arcos Dorados, the franchisee that operates McDonald’s restaurants in 20 markets in Latin America and the Caribbean, announces – as part of the celebration of International Youth Day – an initiative aimed at young people from the region to improve their personal and professional skills. Committed to continuously providing formal employment opportunities, the company opens for the first time the doors of its “Hamburger University” to offer free online express courses on: emotional intelligence, entrepreneurship, personal finance, customer service, and health and wellness.

On www.recetadelfuturo.com it is possible to access the five quick and digital courses, available from today until December 31st. Each module will provide a certificate which endorses the training received and which will be useful to highlight their skills in the search for a first job or for a new professional opportunity. The courses are independent from each other, in no particular order or limit per person.

This initiative is presented as a solution to one of the main concerns that young people in Latin America and the Caribbean have highlighted in an opinion survey carried out by the company in collaboration with Trendsity. In this research, 61% of respondents said they consider training to be necessary to build their skills and compensate for the lack of experience in order to access a first formal job or a better one. Among the subjects that they consider important to study in depth, stand out teamwork and leadership with the 73%, followed by innovation and entrepreneurship with the 50% and sales and customer service with the 44%, among others.

“Youth unemployment is one of the main problems in the region and, at Arcos Dorados, as leaders in the sector, we believe in the importance of taking action and providing support to reverse it all. by generating a positive impact on the communities in which we operate and consolidating our goals of being good neighbors with those around us. For this, not only do we employ thousands of young people every year, but today we also think of all those who are not part of our company. We are proud to be able to provide them with content that will help them in their development and facilitate the search for a first formal job or new professional challenges. We are a young company, run by young people who make sure the families who visit us and enjoy our food are happy, ”said Woods Staton, Executive Chairman of Arcos Dorados.

Within the strategic pillars of the ESG Recipe of the Future platform, which guides the actions of Arcos Dorados, there is a strong commitment to the continuous training of its employees. During 2020 and despite the context presented by the pandemic, the company not only maintained its education structure, but also allocated more than $ 10 million to provide more than 373,000 hours of online training to employees, presenting 380 new courses on operational, academic and personal development topics.

This was made possible through a partnership with Hamburger University, the largest corporate and leading university in the region, known for promoting its three pillars: leadership, performance and culture. In the past year, the institution has encouraged more than 50 selected contents to continue to promote development and enable more than 8,000 restaurant chefs to complete the courses of the core program and more than 71,000 young people from take self-study courses. The university also organized 18 of its “HU sessions”, in which more than 7,000 people participated in a single year.

The new environment has presented challenges for all of us and has forced us to change the way we access the content and experiences we seek. At the University of Hamburg, we understand the complexity this represents for young people in the region and we are proud to be part of this new proposition. Education is our passion, and we hope to be able to reach as many young people as possible with this initiative.», Commented Josane Juliao, rector of the University of Hamburg.

The opinion of young people

Committed to providing formal employment opportunities to young people in the region, Arcos Dorados has carried out with Tendsity a new opinion survey of people aged 16 to 24 to find out how they are experiencing the pandemic and what they think about it. job will be when “the new normal” begins.

85% of those polled confirmed that the pandemic had negatively affected employment opportunities, while 74% made the same statement on access to training and education. On this last point, moreover, 2 out of 5 people indicated that since the start of Covid-19 they were studying less than the pre-pandemic period. The study also questioned the possibility of generating one’s own projects, achieving results similar to the previous subjects: 57% indicated that in 2020 there was no possibility of starting a business.

Among the queries, they were asked to sort, in order of importance, the issues that concern them most for the future, with surprising answers: 66% of young people indicated employment as a priority need, while 51% said education is one of the keys to their future.

Taking into account this last result and the topics selected as the most important, mentioned above, Arcos Dorados offers its training and exclusive contents to continue to be an agent of change and to seek solutions to the problems raised in favor of the communities. in which it operates.

To learn more about this study, visit www.recetadelfuturo.com

About Arcos Dorados

Arcos Dorados is the world’s largest independent McDonald’s franchisee, operating the largest chain of quick service restaurants in Latin America and the Caribbean. It has the exclusive right to own, operate and license McDonald’s restaurant franchises in 20 countries and territories in Latin America and the Caribbean with more than 2,200 restaurants, operated by the Company or by its sub-franchisees, which together employ more than 100,000 people (as of 06/30/2021). The company is also committed to developing the communities in which it operates, providing young people with their first formal employment opportunities and using its scale for good to achieve positive environmental impact. Arcos Dorados is listed on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit our website: www.arcosdorados.com/ir

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Arcos Dorados Holdings

Arcos Dorados Holdings

Arcos Dorados is the world’s largest independent McDonald’s franchisee in terms of system-wide sales and number of locations. The company is the largest fast food restaurant chain in Latin America and the Caribbean. You have the exclusive right to own, operate and franchise McDonald’s locations in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Sainte-Croix, Saint-Thomas, Trinidad and Tobago, Uruguay and Venezuela. The company operates or franchises over 2,200 McDonald’s restaurants with over 90,000 employees and is known as one of the best companies to work for in Latin America. Arcos Dorados is listed on the New York Stock Exchange (NYSE: ARCO).

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