Mis-Sold PPI – How Would You Know If You’ve Gotten One?

In the United Kingdom, there is one issue regarding financial insurance that is causing a ruckus among consumers. This is the payment protection insurance or the PPI. According to the records of the FOS or the Financial Ombudsman Service, they have already received more than six hundred thousand complaints regarding the payment insurance. 

In fact, they have been receiving complaints these past few years however the majority of complaints were filed only last year. To control this issue, the FCA or the Financial Conduct Authority has administered new powers to regulate the entire financial sector. They have also resorted to suspending products that are flawed and sold to the wrong demographic.

 

The policy has been made available to the market in 2001. Because of this the number of mis-sold PPI has already reached 34 million policies. Imagine the frustrated, not to mention the irate customers who have gotten one of these policies. Some financial institutions like Barclays, Lloyds Group, HSBC, and the Royal Bank of Scotland have already made means to appease the affected customers by allotting over fourteen billion pounds. 

The massive and persuasive efforts of the bank are responsible for a lot of policies sold. The sad truth about it is not all customers are aware of it. To file a claim, you must first identify if you have purchased the product. You may not be aware of it but some of the financial institutions to sell the payment insurance is they make it a bundle with other credit products or have them a requirement for getting a loan. You could also identify them in other terms such as credit protection insurance, credit insurance, or loan payment insurance.

After you have identified you have purchased a PPI, then the next thing to consider is when you have purchased the product. To make a valid claim, the product should have been bought within the last six years. For PPI purchased beyond six years, you don’t have to worry. You still can make a claim by securing a copy of the original paperwork or check out this site http://ppiclaimscentral.org/.

The next step is for you to check the instance where the product was sold to you. In most cases, the successful claims were those people that were clueless that they already bought the product. Buying it because it was a requirement is another qualifying factor to have a successful claim on this.

People who are excluded from PPI are people who work in a family business, self-employed, no regular job, students, and those who don’t have a job. If you got a PPI even if you are excluded, you are qualified to make a claim. 

Now that you have identified that you’ve got one of the mis-sold PPI, better work with a claims company to save you all the hassle in filing a claim.

The Perks Of Getting Magento Rich Snippets

The importance of SEO has often been discussed in a lot of sites and resources. Its great function in businesses cannot be denied. To gain more visibility and high search page rankings, optimization of a site is done. In the process, it calls for high click through rates and conversion. The only thing about optimizing your site and making it land on the first search engine results is that it does not guarantee that the user will visit your site.

 

To provide users relevant search results, every now and then, search engines change their algorithms. Because of these changes, some sites have been impacted and reported tagged as spammy. The sites have suffered a drop in their search page rankings. Google Rich Snippets have also been added and implemented to provide users a more quick and easy way to find the information they are looking for. 

If you are wondering how you can get a glimpse of the content of one site even before clicking the site, it is because of the Google Rich Snippets. They have introduced it four years ago. Basically, rich snippets support content types about reviews, people, products, organization recipes, businesses, and events. 

Magento, a popular e-commerce platform have also included rich snippets in their formats. They call it Magento Rich Snippets. The advantages of magento rich snippets is one, it allows merchants to enjoy rich snippets and compatible with other extensions like Magento CE 1.4.1, Magento CE 1.4.2, Magento CE 1.5, Magento CE 1.6 and Magento CE 1.7. Like how it generally functions, these rich snippets allow stores to display a short description of their products including the price.

Stores who have these in their online stores can expect an increase click through rates by 30% according to SEOMOZ’s analysis. The amazing feature can help with the user especially in giving the user somehow a brief overview of what to expect even before clicking the product. It can save the time in finding the perfect product for their needs.

To make sure you are still in the game in this tough world of online marketing, you need to be sure you have rich snippets to help draw customers in. Remember, good pricing, outstanding customer support, would mean nothing if your site can’t be found in search engines and if they don’t look appealing. Stand out from the rest by giving your customer the convenience of visiting your site through the help of rich snippets.

Ways To Prevent High Turnover Rate: The Cost Of Replacing Staff

There are different kinds of industries in the world today. They may be different in their products, services, and functions however they may share one thing in common. This is the employee turnover rate. According to business professionals, this is the largest costs of all kinds of industries however it’s costs are unknown. However huge or small its cost may be, one thing is for sure, as a business owner, you are certainly losing money if this happens to you.

 

Understanding the cost of replacing staff can be complicated. For those people who are totally clueless about the cost of replacing staff, here is a brief information on the extent of this ordeal.

For starters, companies shell out money and resources to recruit, interview, hire and train people. They invest in this even without a complete guarantee that he will eventually gain from it. If you calculate this, this would involve a huge amount of money from the company.

Plus this involves the severance packages for employees who are exiting the company. It certainly involves money. When the employee leaves, he is entitled to additional payment based on his months of service, payment for unused vacation or leave, payment with regard to required notice period, dental, life and medical insurance, retirement benefits, stock options, assistance in searching for new work. This may be good news for the employee leaving however for the company, it is a complete loss.

With employees leaving the company, it is not always a smooth-sailing ride. There are complicated situations like the cases where it involves legal battles in court. At times, the company has to pay for the employee’s legal fees.

Experts suggest to spare you from having to go through this rough ordeal, you need to get and implement employee retention strategies. It should be at all time that the employees are acknowledged for their hard work to make them feel they are valued. This way they don't give any reason to leave.

You could commend them for a job well done or to make it more effective, you could go for tangible rewards just like enhancing their work conditions. As simple as changing their hard chairs to ergonomic chairs, it is already a source of motivation. Or giving out gift cards to wellness centers. They would certainly appreciate it.

And there is a lot more of these benefits and rewards programs that are made available for companies to implement in their own businesses. All you have to do is choose which strategy would bring greater results.