Personal Finance 360’s Post

Losing your job can be tough, but negotiating a fair severance package can soften the blow. Here's what you need to know to ensure you get what you deserve.  #CareerAdvice #NegotiationSkills #SeverancePackage #JobLoss https://lnkd.in/er6xys8k

#JobOffer #CareerAdvice #NewGradChallenges #FirstJob Hey everyone! 😊 So, I just received my first job offer after months of searching since graduating in May 2024, and I could really use some help deciding what to do. On one hand, I’m thrilled—$80k base salary with a standard benefits package that includes a 401k and medical insurance sounds great! On the other hand, I have some concerns that are making it hard to celebrate. Here’s the scoop: Location Woes 🏙️: The job is almost an hour and a half from where I live. Ideally, I’d love to move closer, but the cost of living there is sky-high! 😱 I’d be spending about 75% of my income just on the basics. Moving Dilemmas 🚚: They don’t provide relocation assistance, and right now, my savings are pretty slim. I’ve thought about commuting from home for a bit, but with long hours and full-time on-site requirements, I’m worried it might be too much. Family Opinions 👪: My parents think I should turn it down and continue looking for some... Should I Accept My First Job Offer Despite Major Concerns? Answers: https://lnkd.in/gAftq5nn

#JobOffer #CareerAdvice #NewGradChallenges #FirstJob Hey everyone! 😊 So, I just received my first job offer after months of searching since graduating in May 2024, and I could really use some help deciding what to do. On one hand, I’m thrilled—$80k base salary with a standard benefits package that includes a 401k and medical insurance sounds great! On the other hand, I have some concerns that are making it hard to celebrate. Here’s the scoop: Location Woes 🏙️: The job is almost an hour and a half from where I live. Ideally, I’d love to move closer, but the cost of living there is sky-high! 😱 I’d be spending about 75% of my income just on the basics. Moving Dilemmas 🚚: They don’t provide relocation assistance, and right now, my savings are pretty slim. I’ve thought about commuting from home for a bit, but with long hours and full-time on-site requirements, I’m worried it might be too much. Family Opinions 👪: My parents think I should turn it down and continue looking for some... Should I Accept My First Job Offer Despite Major Concerns? Answers: https://lnkd.in/g-ZrvYXw

10 important checks before joining a new job. Reached on these mentioned conclusion after having discussion with 900+ professional(almost from all fields/industry)... Starting a new project is exciting, but it’s important to have some clear key information to set yourself up for success. Here’s a checklist of what you need to verify before you say yes to that new job. 1. Titles and Responsibilities: Make sure your title and job are clear. Confirm the responsibilities you will fulfill with the right interviewer. 2. Pay Plan: Understand the breakdown of your CTC—basic pay, HRA, medical deductions, etc.—to determine the actual take-home pay. 3. Leave policy: Review annual leave entitlements including medical and short-term leave. Check out vacation pay, carry-forward, and parental leave options. 4. Business hours and days: Check weekly business hours and days to avoid surprises after joining. 5. Medical coverage: Emphasize insurance information including employee family coverage options and costs. 6. Trial Period: Understand the trial period (3 or 6 months) and the benefits available during this period. 7. Reporting Period: Specify the reporting period—1 month, 3 months, or otherwise. 8. FNF Plan: Learn Full & Final settlement terms including any wages withheld upon termination. 9. Benefits and Benefits: If all benefits are not listed in the offer, a full summary of the applicable fee should be requested. 10. Bonuses & Pensions : Highlight pension contributions, bonus eligibility and types of bonuses. ~Raju Singh #166th #linkedin #interview #fnf #job #workethics #culture #employee #employer #hiring #layoff #follow Raju Singh 🇮🇳

Registration at "Hello Work" or What to Do After Leaving Your Job in Japan One thing I hadn't experienced yet in Japan was quitting a job. Here's some firsthand experience. If you live in Japan, I hope this brief guide can help you. First of all, leaving a job is not a disaster. It's normal to switch jobs overall. The first thing you need to do after quitting is to get necessary documents from your previous workplace for registration in “HelloWork”. Obviously, it makes sense only if you've been paying labor insurance. The company must provide the documents within 10 days. Here are the necessary documents before visiting the employment office: • Separation Notice, two forms (離職票 1, 2) - make copies or scan them and keep just in case… • ID (driver's license or MyNumber card) • 2 photos (3.0×2.4 cm) - not needed if you bring your MyNumber card • Bank book or cash card There's no urgency to submit documents for benefits, no date restrictions. However, once submitted, you'll need to check in every four weeks. Missing or rescheduling the check-in day is usually not possible. After each confirmation of your unemployment status, the benefit will be transferred to your bank account. Important detail - if you resigned voluntarily, the first payment will only come after 3 months. At the entrance to “Hello Work”there's a sign "Beginners this way!" That's where we'll start. The people in this institution are very friendly. They really want to help you. They'll guide you on how and where to register your unemployment status and give you lots of useful papers. During the process, they'll schedule an orientation lecture for new unemployed people and the date of your first unemployment status confirmation (check-in). I recommend registering your email - they'll give you a personal unemployment account, and you can search for jobs from your home computer. Unfortunately, the quality of vacancies on the Japanese government job board needs improvement, and the search system isn't very user-friendly. However, nothing prevents you from using Indeed or Rikunabi and other job search sites. By the way, don't hesitate to send CVs to different companies (minimum one CV every four weeks). Every time you visit “Hello Work” for check-in and subsequent subsidy collection, they'll ask if and how you're searching for work. Besides sending resumes, you can sign up for various seminars or consult at the counter about any issue, i.e. about changing your qualifications. These seminars and consultations will count towards your job search activities. And lastly, the benefit period isn't endless. It depends on how many years you worked at your last job, but no more than 9 months. My benefit period continues, and I'll keep you updated. Meanwhile, I'm considering various options, because doing absolutely nothing isn't an option :)

A resume client of ours just turned down a $165k job offer. Crazy? Not at all. She’s a single mom, picking up 2 kids and moving across the country for this new job. The real offer was $145k and a $20k sign on bonus. Which, in theory, sounds great. But in reality, it’s not. She told them she needed $170k to make it work. In fact, $170k was right in the their range. But when the offer came, it was packaged a little “creatively.” When she crunched the numbers, she can’t make it work. The job she’d be moving for is in a place with a high cost of living. Her current employer pays 100% of her health insurance premiums. The new employer only pays 80%. She’d be giving up 5 weeks of vacation. And starting her new job with 3. I’m not a huge fan of the sign on bonus. I know they make you feel like a world class athlete to get that “up front money”…. But honestly, you are just being trapped. I’ve seen plenty of people scrambling to pay back sign on bonuses when they wanted to bail on a shitty job before the year was up. So, she’s passing on the offer and continuing in her search. One that includes more vacation, not less. #resumewriting #empowered #jobsearch

Are you considering giving your child a summer job in your business? Our free guide explains the rules regarding employing family members https://lnkd.in/emnT24PK #EmploymentLawUK

Getting laid off is never easy, and I know it can feel overwhelming. But before you jump into job hunting mode, there are five crucial questions you need to ask your employer right after the news hits. Trust me, these questions will help you gain clarity and protect your rights during this transition. Here’s what you need to know: When Will I Receive My Final Paycheck? This might seem straightforward, but it’s super important. You’ll want to know when and how you'll get that last paycheck. Is it direct deposit, a physical check, or something else? Don’t leave it to chance—get it in writing! Will My Vacation and PTO Be Paid Out? Don’t assume your unused vacation and paid time off (PTO) will be compensated. Policies vary widely, so ask directly and ensure you get it confirmed in writing to avoid surprises. You deserve to know! When Will My Benefits End? This is a biggie! You need to find out exactly when your health insurance benefits will end. Am I Eligible for Rehire? This question is crucial for your future opportunities. If they say you’re not eligible, dig deeper to understand why. Knowing your standing can shape your next steps. Will I Be Offered Outplacement Services? These services can help you with job searches, resumes, and more. Even if they don’t offer them, asking plants the seed and might give you leverage to negotiate later. Don’t hesitate to negotiate for more support! Sometimes, companies are willing to extend benefits or increase severance if you ask. Remember, it’s all about advocating for yourself during this challenging time. You’ve got this! #JobSearch #LayoffSupport #CareerTransition #EmployeeRights #HRAdvice #OutplacementServices #WorkplaceWellness

That’s last thing we want to hear. If I applied to 150 jobs and on my journey, I hear be patient. How was that helpful? Yeah, we do not want to hear that. Right, giiiiirl? Do you desire a better paying job? Click the link: https://lnkd.in/gj_eFHvA. #badadvice #careeradvice #careertips #jobtips #corporatelife #careercoach

I started my career at a company that seemed perfect—stable, rewarding, and full of opportunities. For years, I felt appreciated and fully committed, believing my hard work would always be recognized. I invested my time and energy, thinking my loyalty would lead to growth and success. But over time, things began to change. What started as minor setbacks soon escalated into significant challenges. Salary delays, initially seen as temporary, became more frequent and prolonged, eventually stretching to six months. Despite my 10 years of service, I found myself waiting and hoping for a resolution. What began as an inconvenience turned into serious financial strain. Yet, I remained patient, trusting things would improve. As the situation worsened, I continued to work diligently, convinced that my hard work would eventually pay off. But my efforts went unnoticed, and the more I waited, the more disillusioned I became. I realized I was stuck—unable to move forward or receive the compensation I had earned. The company I once trusted no longer valued its employees, and I was left feeling unappreciated. Eventually, I was forced to take my annual leave. Upon returning, I was given just two months to find a new job. The pressure was overwhelming. “How could a company I had devoted 10 years to treat me this way?” I wondered. The uncertainty added to my anxiety. I reached out to management and HR, seeking answers on my salary and future. Unfortunately, my concerns were met with silence. It felt like my loyalty had been forgotten, and I was left in limbo with no resolution. Then came the real challenges when I decided to resign. According to company policy, I was required to serve a one-month notice period. But the company asked me not to come to the office until two days before my notice period ended, which felt frustrating. I raised the issue with the Labour Department, seeking guidance on my rights. As I was under my father’s sponsorship, my work permit needed to be canceled to secure a new job. But instead of processing it immediately, the company added two extra months to my notice period. Despite knowing they could have canceled the permit without extending my notice, they chose to complicate the process, further blocking my path. In those moments of hardship, I clung to the belief that “What is meant for you will not pass you by,” and reminded myself that “With hardship comes ease” (Quran 65:2-3). Eventually, new opportunities emerged. Looking back, this experience taught me invaluable lessons in resilience, patience, and the importance of standing up for myself. Even when you feel stuck, there is always a way forward if you keep moving, stay patient, and trust the process. To anyone facing struggles, remember: challenges are temporary, but the strength you build through them is lasting. Trust the journey—sometimes, the hardest paths lead to the most rewarding destinations.