4 Warehouse storage solution you need to know about

If you are a business owner, you must have come across the term ‘storage solutions’. Professionally done storage can undoubtedly increase your business profits and help you cut down on any costs. There is a lot of advancement in the business storage front and in this article you can find out about 4 different types of storage which you can incorporate according to your preference.

  1. Push back pallet racking

For having greater business storage density and managing stock keeping units, you can make use of push back pallet racking. It provides maximum flexibility and you can reach to your products easily

  • Pallet racking solutions

The best thing about pallet racking is that you can modify them according to what you want. The type of solutions you choose depend on your business volume and flow of your products. For local areas, you can get in touch with experts at the local storage providers. Many business owners in England or Scotland maximize their current storage by finding the right storage company. This applies for areas like, Wolverhampton, Leeds, Liverpool etc. So if you are hunting for a reliable storage company and searching for a pallet racking provider in places like Wolverhampton then get from WSSL here

  • Double deep racking

This is recommended when you need more pallets for each of your stock keeping unit. This also provides more storage density and helps you regulate your supply network.

  • Pallet Live Storage

You can opt for this method of storage when you are dealing with perishable goods. You can speed up the storage process and meet your customer demands. It makes stock rotation incredibly quick.

5 Work Benefits That Can Be More Beneficial Than a Raise

When we interview for a job or ask for a promotion, the number one thing most employees think about is the increase in salary. After all, everyone wants to make more money. However, cash isn’t the only benefit you should consider when evaluating a new position.

Here are five big work benefits that can dramatically improve your life. Surprisingly, none of them are related to your actual salary. 

1. An Abundance of PTO

The average number of PTO days for employees who’ve completed a year of service is only 10 days. Go on a couple of vacations and attend a wedding or two and you’re completely out of paid time off for the rest of the year. Yikes.

In Denmark, you earn an average of two days of PTO for every month you work, totalling up to about 24 days annually. That’s more than double what we Americans get on average. The country also has the happiest employees in the entire world, as well as the healthiest work-life balance. Coincidence? I think not.

For the sake of your sanity and health, value your PTO days as if they were a monetary gift. Perhaps you didn’t get that five grand raise you were asking for, but can you negotiate for some extra vacation time? That spontaneous trip to Hawaii will probably do more wonders for your psyche than a small raise ever could.

2. Work-From-Home Privileges

Did you know that more than 3.7 million employees work from home at least half the time? If you’re with a fairly flexible company, scoring a few days in which you can work remotely might not be difficult. That means less time spent waiting in traffic and less money spent on tolls and gas while commuting to the office. Don’t discount those financial benefits – they add up.

Additionally, remote workers report being happier than other workers. Ask yourself if you’d be less stressed and more content if you were able to work from home at least part-time. If the answer is yes, then you should value that benefit as much as a raise.

3. A 401K With a Good Company Match

Nearly half of all Americans have yet to begin planning for retirement. If you’re included in that number, then it’s time to get into gear and figure out how you can play catch-up on your 401K. You’ll be 65 before you know it, and you don’t want to wind up stressing about money when you should be enjoying your retirement.

Try to see if you can score a company match at your new job or with your current employer. A match is essentially free money that company contributes to your savings as long as you’re contributing, too. Think about it this way: if a company says they’ll match three percent of your salary, and you make $40K a year, then that’s an extra $1,200 going toward your savings! That might be better than the raise you could potentially snag.

4. Wellness Benefits

Can you find a job that offers a free gym membership? Weekly massages? Catered lunches? Any of these benefits could be considered a part of your “wellness” as an employee, and believe it or not, they’re worth their weight in gold.

In recent years, it’s been found that 80 percent of employees would actually choose additional benefits over a pay raise. This could be attributed to a number of reasons, but personally, I like to think it’s because younger generations are placing an emphasis on health and happiness, not just their careers. You might miss that raise, but if you can benefit personally from the job’s wellness offerings, then it might be a fair trade-off.

5. Savings and Spending Accounts

Many companies offer additional ways to pocked money, including flexible spending accounts, health savings accounts, and retirement accounts. We already talked about 401ks, so let’s touch on the other two. A flexible spending account and a health saving account can both help you pay for medical expenses.

Wondering why you need a whole different account to pay for medical expenses? Because you can invest the funds! Consider this: if you set aside $100/month for medical expenses in your HSA, then you could have a nice safety net in case you get sick or injured. Additionally, you could invest the funds while they wait to be used, so you’re actually making money on the funds you have set away. It’s a win-win situation.

In Conclusion

When you’re considering a job, don’t just look at the salary. There are many other benefits that could improve your life and financial situation. Some might be even more valuable than a one or two thousand dollar raise, so be flexible in your negotiations and get creative if you have to. Request benefits just as much as you would request money. You’ll thank yourself later.

The Downward Spiral of Late Payments

When you open up a new line of credit, you rarely envision yourself falling behind on payments. But it happens to the best of us, and the consequences are costly for Americans trying to keep their finances in the green. According to Money Tips, 40 million Americans will miss at least one credit card payment in 2019.

Here’s more on how people get trapped inside a downward spiral of late payments—a cycle rife with pesky late fees, rising interest rates and an extra helping of stress about how to dig yourself out from underneath mounting credit card balances.

How Late Credit Payment Cycles Start

People open new lines of credit for all sorts of different reasons. Maybe you’re trying to boost your credit score, or you want to pay for a big-ticket purchase in installments. Or, maybe you’re one of the many Americans who’s had to sign up for a new credit card to accommodate sudden, unexpected expenses—like when the emergency vet can only treat Fido if you pay the balance in full within a short window of time.

And maybe a few months down the line you forget to make your regular payment. You’re slapped with a late fee, which is a nuisance, but you figure it’ll only happen once. Until you miss another deadline soon after during a particularly tight month for your personal finances. Suddenly, you’re facing another late fee plus a possible hike in your annual percentage rate (APR).

But your income hasn’t necessarily kept pace, so a larger chunk of your monthly budget has to go toward paying off what you owe on credit. Otherwise you’ll start racking up more and more debt. Credit card interest compounds, which means you owe interest on your original balance plus the growing amount of interest you’re accruing over time.

How can consumers pump the brakes on this spiral of late payments, extra fees and growing levels of debt before it gets completely out of hand?

Solutions for Addressing Credit Card Debt

Typically, “rock bottom” for the downward spiral is filing for bankruptcy—which likely means forfeiting some of your assets and bearing a mark on your credit report for up to 10 years. If there’s something you can do besides this extreme course of action, it’s worth exploring.

One possible solution for tackling serious credit card debt upwards of $7,500 is debt settlement. Enrolling in a debt settlement program means committing to making monthly deposits into a special account for months or years until you’ve saved a certain amount. Then the program will negotiate with creditors on your behalf, aiming to get lenders to accept a sum less than the original balance. While there are no guarantees, this tactic can work if creditors believe the alternative is receiving no payment at all. Reading through Freedom Debt Relief reviews, you’ll notice many consumers describe finding themselves trapped in an all-too-relatable debt spiral before deciding to pursue this tactic.

Another option involves taking out a debt consolidation loan at a lower interest rate than your other debts, then using it to repay them all in one go. This strategy can work for those willing and able to repay the loan over the course of months or years to come.

You may even be able to put an end to the detrimental debt spiral yourself, provided you’re able to reduce spending and prioritize strategic debt repayment. Many consumers find it helpful to follow a prescribed strategy, like paying off debts in order from highest interest to lowest interest. If you’re going to use the so-called avalanche method, be sure to make minimum payments on every balance, even when you’re chipping away at one in particular.

And, as always, if you feel like you’re in over your head when it comes to credit and debt, talking to a credit counselor may help clarify your path forward. It’s challenging but not impossible to put an end to the cycle of late credit payments and debt. You’ll just need a realistic plan and some willpower to make it happen.

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