Is It Worth Getting A Financial Advisor To Help Employment Issues?
November 26, 2017
When you take up an employment, there are a set of terms and conditions you agree to and sign up for. Some of the terms and conditions both employees and employers agree up on before employment are:
The kind of work to be done, including the responsibilities and targets
- The number of working hours
- The pay for the specified number of hours
- Overtime pay and policies related to the same
- Leave policy
- Hierarchy and procedures involved in handling a particular situation or escalating issues, etc
- The company policies, terms and conditions for all employees
It is imperative that both parties keep up with the terms and conditions agreed up on at all times. This helps in a smooth sailing and reduces any friction between both parties. However, there are times when an employee may be taken for granted or exploited. At such times it is important to get help from a professional financial or employment advisor.
Is it really worth getting this professional guidance? Yes it is. Because these professionals are well versed with the various Laws governing the employment situation in the state you are working in and enlighten you on various policies that can work to your benefit.
This kind of an advisor’s help is mainly sought when the employees work overtime. Overtime is a sensitive subject as most of the times the employee and employers don’t meet eye to eye on the issue. This is because the employer wants to get the best for the extra money he is paying and may over tax the employee and the employee on the other hand may want to get the maximum pay possible for the extra effort he is putting in.
When I worked overtime and demanded a higher compensation, my employer asked me to read here about overtime pay. It did throw some light on the issue but a professional employment advisor was able to help me understand the situation better. He was able to tell me what to expect and how to get the best for my extra effort.