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Why Is Conflict Resolution A Concern For Workplaces?

You don’t want to be caught in the middle of a dispute when in the workplace. Whether it’s between workers, employees against the manager or even an issue existing between the senior level staff, conflict can be a sensitive issue. That’s why if you have conflict arising in the workplace, you need to carefully handle it so that it doesn’t escalate.

The following are practical strategies to respond to conflict that may arise:

–        Focus on the behaviour and events as opposed to personalities. Rather than generalising a behaviour as the problem, discuss what went wrong in the specific situation.

–        Listen to what both parties are saying. Both people might have different perspectives on what went wrong and there may be validity to both sides. Clarify the situation in detail with both parties separately before you discuss it with them together.

–        Identify the points of agreement and disagreement. The points that individuals agree on will help establish some understanding, and disagreements could help create potential solutions.

–        Prioritise which aspects of the argument need to be dealt with the most and address those first. Minor disagreements can be settled over time but major ones should not be set aside.

–        Develop a plan for each individual to work on to resolve that conflict. Setting a time frame and goal for what you expect to achieve out of the plan for both parties will help follow-up assessments of the situation.

–        Follow through with your plan by ensuring that the conflict has been resolved over time. This could involve talking to both parties about their perspective on the matter and checking whether the source of conflict has been addressed.

Not every conflict can be approached in the same manner. Different circumstances, conditions and more can impact how a conflict may need to be resolved.  Make sure you understand the situation and listen to the individuals involved carefully before deciding how you will respond.

If you’re someone who often finds it difficult to make large lump sum payments for goods or services, you may want to consider looking into “Buy Now Pay Later” services.

Buy now pay later essentially means that, rather than paying in a full lump sum payment for a product or services rendered, there may be an option to pay through instalments of a certain amount over a set period to make the sum of the full amount in total. This method should allow you to pay in full for the product or service without overly straining your finances – you pay back what you can, as agreed upon when you begin the buy now pay later service.

Some popular buy now pay later services include Afterpay, Zip Pay, Brightepay, and some credit card networks such as  Mastercard and Visa, can offer buy now pay later arrangements.

Though it can be a convenient, immediate solution, it may be challenging to juggle the necessary repayments with other financial commitments. It’s not always the most appropriate method for people, and you should bear in mind your situation and ability in paying back the amounts. 

Before you sign up, keep in mind: 

  • It becomes easier to overspend with buy now pay later services, so know your limits on what you can and can’t afford.
  • You will be charged fees and costs to use the service, which can add up to a princely sum in and of itself.
  • Keeping track of your payments can be tricky if you’ve signed up for multiple services.
  • It could affect your loan applications for a car or mortgage as lenders consider buy now pay later spending just as much as your credit score.
  • Late repayments can appear on your credit report, which affects your ability to borrow money in the future.
  • Layby can be a cheaper alternative to buy now pay later, with no account-keeping or late fees to consider

If you are someone who could make use of BNPL services, you may wish to:

  • Ensure that when using the BNPL service, you stick to a set limit on what you spend so that you can comfortably pay it back later. 
  • Aim only to have one BNPL account at a time to manage payments through, rather than confuse yourself with multiple payments across different providers.
  • Always budget for bills, loan payments and BNPL payments, and 
  • Rather than use your credit card for payments to your BNPL account, consider linking to your debit account instead.

If you would like assistance in planning your financial future, help in managing your budget or some friendly advice, see us for a chat about what we can do for you.

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What our Client Say

John Briggs

Jane Noller has been my accountant for the last 15 plus years. I can testify to Jane’s professionalism and expeditious manner in dealing with the day to day issues that surrounds our business accounting.

John Briggs

Registered Building Certifier

David and Alison Parker

I have been consulting J L Noller and Co. (more specifically Jane) for six years and during this time I have found her to be professional, efficient and easy to discuss all accounting and taxation matters with. Her office team are all polite and friendly also.

David and Alison Parker

Business Owner

Carl Gillmore

I have used Jane & the team for the last 6 years for all of my business & personal accounting needs. They have always been professional, easy to talk to & available when we have needed assistance.

Carl Gillmore

Carl Gillmore Landscape

John Briggs

Jane Noller has been my accountant for the last 15 plus years. I can testify to Jane’s professionalism and expeditious manner in dealing with the day to day issues that surrounds our business accounting.

John Briggs

Registered Building Certifier