{"id":7624,"date":"2016-11-15T22:09:19","date_gmt":"2016-11-16T05:09:19","guid":{"rendered":"https:\/\/womenofgreen.com\/?p=7624"},"modified":"2016-11-15T22:09:19","modified_gmt":"2016-11-16T05:09:19","slug":"now-is-the-time-to-ask-for-that-raise","status":"publish","type":"post","link":"https:\/\/womenofgreen.com\/2016\/11\/15\/now-is-the-time-to-ask-for-that-raise\/","title":{"rendered":"Now Is the Time to Ask for That Raise"},"content":{"rendered":"

Wages for employees as a whole are rising faster than at any time since the Great Recession\u2014especially for women.<\/strong><\/p>\n

It might be time to ask your boss for a raise\u2014that is, if you haven\u2019t gotten one already.<\/p>\n

According to new data<\/a> from the Federal Reserve Bank of Atlanta, most categories of\u00a0workers\u00a0are seeing wage growth hit post-financial-crisis highs. In fact, Bespoke Investment Group<\/a> points out that the 3.9 percent year-over-year growth expected\u00a0for full-time\u00a0employees is faster than at almost any other point in U.S. history.<\/p>\n

\u201cIn real terms (relative to the Consumer Price Index; a measure of inflation), median wages are growing faster than almost 95 percent of prior occurrences,\u201d the team said in a research report. \u201cOverall, the monthly Atlanta Fed analysis continues to show quite a dramatic acceleration in wage growth across the labor force.\u201d<\/p>\n

\"wage_growth_women_of_green\"<\/div>\n

Some groups are faring better than others, and one trick to getting an even bigger\u00a0raise may lie in switching jobs. The tracker\u2019s data show that job switchers tend to see faster wage growth than those who\u00a0stay in the same role. This also means that more people are switching jobs for a pay raise.<\/p>\n

\"switching_jobs_for_raise_women_of_green\"<\/p>\n

One group, however, saw wages decline: males. While women saw some of the fastest increases in wages, men saw a slight decline last month, reversing the trend of males getting bigger raises earlier this year.<\/p>\n

\"women_see_wages_rise_faster_than_men_women_of_green\"<\/p>\n

While wage growth has remained elusive for a large\u00a0portion of the economic recovery, things began picking up earlier this year. During the summer,\u00a0RBC Capital Markets LLC Chief U.S. Economist Tom Porcelli pointed out<\/a>\u00a0that, with signs of the labor market tightening,\u00a0a continued uptick in wage growth is\u00a0likely.<\/p>\n

So if you haven\u2019t asked for a raise, it might be time to talk to your boss or look for a new role. Especially if you\u2019re a woman.<\/p>\n

Source: Bloomberg Markets<\/a><\/p>\n

\n

Women of Green<\/a>\u00a0is TURNING UP THE VOLUME of the feminine voice on the planet in order to create the world we know is possible.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

It might be time to ask your boss for a raise\u2014that is, if you haven\u2019t gotten one already. According to new data from the Federal Reserve Bank of Atlanta, most categories of workers are seeing wage growth hit post-financial-crisis highs. In fact, Bespoke Investment Group points out that the 3.9 percent year-over-year growth expected for full-time employees is faster than at almost any other point in U.S. history. More specifically, women saw some of the fastest increases in wages, reversing the trend of males getting bigger raises earlier this year. So if you haven\u2019t asked for a raise, it might be time to talk to your boss or look for a new role. Especially if you\u2019re a woman.<\/p>\n","protected":false},"author":1,"featured_media":7625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1344,1359,1348],"tags":[1819,1818,8,323,281],"class_list":["post-7624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family","category-featured-post","category-leadership","tag-ask-for-a-raise","tag-wage-growth","tag-women-of-green","tag-womens-empowerment","tag-womens-leadership"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/posts\/7624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/comments?post=7624"}],"version-history":[{"count":1,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/posts\/7624\/revisions"}],"predecessor-version":[{"id":7629,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/posts\/7624\/revisions\/7629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/media\/7625"}],"wp:attachment":[{"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/media?parent=7624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/categories?post=7624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/womenofgreen.com\/wp-json\/wp\/v2\/tags?post=7624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}