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Get a raise in the face of inflation

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The tension in the air recently has been… palpable.

Despite favorable economic conditions, prices of consumer goods and services proceed to rise, the cost of living is skyrocketing, and industries are facing an unprecedented labor shortage — all while staff are placing increasing demands and expectations on their employers.

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As an worker, it could possibly feel overwhelming and unattainable to get a raise in the midst of all this. What’s more, some groups face the aforementioned challenges and systemic inequities with regards to searching for higher pay. A recent study by the Bureau of Labor Statistics found that black men earned 76% of what white men earned in the first quarter of 2022, while black women earned 57 cents for each dollar earned by white men. A report from the National Urban League further found that black women earn 38% lower than white men and 21% lower than white women.

While the data shows improvement in equality progress, there remains to be (surmountable) work to be done on pay equity. Today’s environment has made employees more aggressive and vocal about the value they carry to a company. Equally vital, organizations recognize the value of experienced employees, which has led some organizations to recruit talent from other organizations. This has increased the leverage employees should ask for, and in many cases demand, higher pay. With preparation, research, and understanding, employees can ask for a raise with facts (not emotions).

As you prepare to ask for a raise, consider these steps:

Understand what you bring to the team

When you joined the organization, you had a specific set of skills that aligned with the needs of your current role. From soft skills like collaboration and effective communication to hard skills like work experience, degrees, and skilled certifications, you need to take a serious take a look at yourself. Understand how your work over the years has directly contributed to the financial success of your organization and supported your team and the organization in achieving its overall mission, vision, and values.

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Understanding your skill set is the start line for assessing the right approach to asking for a raise. Start your self-assessment by reviewing your annual performance reviews out of your managers and company management. Pay attention to your direct contribution to the company’s profitability and the key contributions you made during your employment.

In your area of ​​responsibility, understand where you fit in along with your peers. Understand for those who are a top performer and for those who are seen as a strong collaborator and team member. Analyze your responsibilities in comparison to those of your peers to know in case your responsibilities are redundant in the organization.

Once you gather this information, you will have a more accurate picture of the way you’re valued inside the organization and a higher understanding of how your strengths and performance align with company goals.

Understand the current state of the company

Knowing the financial health of a company is essential. It is significant to know the financial performance of a company during the fiscal 12 months to raised assess whether the company is in a financial position to permit you to receive a raise. If a company is struggling financially, management may take a look at two elements of the business: tips on how to generate revenue (income/sales) and tips on how to reduce controlled expenses. The most significant controlled expense is usually salary, a common reason for layoffs in a company.

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If a business is doing great and the financial results for the last fiscal 12 months indicate growth, leaders concentrate on what’s driving financial success and who’s accountable for that success; that is a great opportunity to spotlight and reinforce the value you provide to the organization.

Put facts before emotions

Asking for a raise ought to be about facts, not emotions. Facts don’t should be proven; facts will be assessed and reviewed. When asking for a raise, especially in the face of inflation, the key element to recollect is to let the data drive your decision. Using data removes the emotional context.

Using the facts you may have gathered, from your individual accomplishments to those of the company, combined with industry research on the salaries of similarly qualified employees in your position, will aid you determine the amount you can be asking for.

You will wish to ask for a salary rate that’s consistent along with your position and less than what your supervisors and management are paying. This will likely limit your possibilities of getting your request approved and will indicate a lack of institutional and industry knowledge. Be reasonable and logical in your request for a raise.

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Consider what else you possibly can gain

A raise isn’t all the time possible. If it were, you have to be armed with other requests of equal value. From a shorter workweek, distant options, and relocation to more paid vacation time, personal time, or a higher bonus, there are several alternative routes to receive compensation.

Think about what could be most helpful to you and explore alternatives that would impact your day-to-day work. Be prepared to deal with any concerns and discuss the advantages to you and the company. It’s all the time good to have options in hand.

Engage your manager and management team thoughtfully

Set aside a while in your calendar to discuss with your manager about a raise. Come prepared to present your request for a raise and alternatives, if vital. Be sure to offer pertinent facts about your role, accomplishments, values, and private contribution to the bottom line and industry standards. Be prepared for potential questions and even pushback. Stand in your truth and know your value. You can determine if and when to offer in to your request. Be prepared for multiple outcomes, including potentially searching for a latest job in case your appeal will not be granted, settling for another compensation plan or the best end result, receiving the raise you asked for, and continuing to grow and thrive in your organization.

Either way, you will never know what would have happened for those who hadn’t asked.

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This article was originally published on : www.blackenterprise.com

Lifestyle

Black Mother’s Day gifts that say “thank you, mother”

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If we actually know one thing, then black moms, grandmothers, aunts and ladies who raised us deserve the world or not less than gifts that are approaching. From remaining moisturized on a regular basis (yes, even elbows), to stopping the family with faith, strength and a bit of side eye, they taught us that love is intimately. This 12 months, skip the overall candles and show her that you actually see her with gifts made by us and for us. And listen, if a number of items appear fashionable, just know that Mother’s Day is de facto a mother’s month for our moms. Trust, he’ll still feel love, even whether it is a number of days after May 11.

Handmade honey

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(Photo: Oyin Handmade)

One thing about black moms, aunts and grandmothers is that they do not play about moisturizing. From cocoa butter to petroleum jelly, add to your mother’s moisturizing mission Oyin handmade “Pudding beaten”, a natural cream wealthy in Shea and Aloe, which offers moisture from head to toe (it may even be used on hair).

Brown Sugar Babe gift set

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo courtesy of Brown Sugar Babe)

Everyone knows about perfumes, but help your favorite maternal character to boost your fragrance with fragrant smelling oils Brown Sugar Babes. These luxurious oils with forecast in black fishing are designed to make sure fragrant self -care for on a regular basis life. Brown Sugar Babe gift set It has something for each fragrance profile, from warm vanilla to fresh flowers to the stuffy rotation of the viral “Baccarat Rouge 540”.

Gabrielle Union values ​​expressing himself while raising his daughter:

Sweet July

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: Sweet July)

Sweet leather lipia set This is a 3 -stage skincare ritual from Curry Ayesh, which brings balance, hydration and glow (without all additional ones). It is a full-size trio, toner and face oil, made with clean, effective ingredients and rooted in simplicity and culture-toner and face oil-just what it deserves: luxury and results without confusion.

And the very best part is that this Also available on Amazon!

McBride Sisters wine

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Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: McBride Sisters wine)

The largest wine-black company within the USA, McBride sisters Know something about an excellent lagoon. Lot wine or chosen gift set can simply make you a favourite child.

A black woman on a mission

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: black woman on a mission)

By offering clothing, cups, travel sets and bags, this lifestyle line speaks on to the spirit of the drive and the divine goal. Whether he manages meetings or movements, Black Woman on a missionSongs are on a regular basis confirmation that it shouldn’t be only busy, she is on a mission and appears good.

Kimith Activewear

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: Kimith)

Kimith It is a brand Athleisure for us, by us (versus other popular brands). Regardless of whether he’s a fitness enthusiast or simply likes to be cozy and flying while coping with matters, Kimith offers quite a few sports elements for all body styles and kinds. Inspired by the mother, the founder Kimith says that the brand has a mission to boost awareness about stopping heart disease through a holistic lens that covers the mind, body and spirit.

Watch: MOMs actually helps mothers to regain their identity

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This article was originally published on : thegrio.com
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Old Martha’s Win Vineyard renting on the market for $ 39 million

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Barack Obama


An opulent property in a village style in Martha’s Vineyard, where the Obama family spent summer, hit the market with a shocking price price $ 39 million.

Belonging to the family of recognized British architect Lord Norman Foster, Blue Heron Farm Stayed In the report in the summer years of Barack Obama in the years 2009–2011. The house, sitting on 30 Akrach Martha’s Vineyard, offers potential buyers a likelihood to merge with a wealthy presidential story.

Since summer trips, Obamas during the key years of his presidency to admission to party, and Hillary Clinton participated in 1998, Blue Heron Farm adds to the characteristic charm of Marthy’s Vineyard – beating connections with two presidents during their office.

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Located in Chilmark, Massachusetts, the property includes about 30 acres and has a predominant house with an area of ​​7,000 square feet decorated with a classic white class and charming veranda. Perfect for the host of family and friends, the property also includes a conventional Cape, Boathouse and 150-year-old barn from Pennsylvania.

The area is wealthy in amenities that connect residents with the ground, including a ride, tennis and basketball courts, many gardens, apple orchard and a non-public section of the quay along the great Tisbury pond.

Foster was not the one who rented a house to Obami. The architect of monuments, similar to the London Gherkin and Wembley stadium, bought a house in December 2011 for $ 22.4 million from Mollie and William Van Devender, who rented him to the former first family.

Foster made significant improvements to extend its value, including full renovation of the predominant house, planting recent trees and adding a swimming pool and a pool house.

While the median prices of the house in Marta’s vineyard are currently around $ 1.1 million, real estate with celebrities often bring a premium. In 2023, Diane (*39*) house sold for almost $ 24 million.

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The sale of Blue Heron Farm will profit Martha’s Vineyard Land Bank, which charges a 2% fee for real estate transactions to support local protective activities. If the property is sold for $ 39 million, the starting price, the buyer can be accountable the land bank 780,000 USD at the end.

(Tagstranslate) Barack Obama

This article was originally published on : www.blackenterprise.com
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Co -founder of the Essence magazine, Clarence O. Smith, dies 92

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Clarence O. Smith, one of the co -founders of the Essence magazine, died on April 21, 2025, According to his obituary, published by The Outlet. He was 92 years old.

Smith was a co -founder of the “Essence” brand with Edward Lewis, Cecil Hollingsworth and Jonathan Blount in 1968; The brand has published its first issue of The Now Legendary Magazine in MaIn 1970, in many years, from its founding, “essence” would change into a basic trace of the black community, becoming crucial in a cultural conversation, especially because of the celebration, strengthening of the position and influence of black women.

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During Smith’s term of office, the brand expanded to “Essence Awards”, “Essence Television” and the extremely successful “Essence Culture Festival”. The annual series of conferences and live shows is taken over by Nowy Orlean on the weekend of July 4 and has change into one of the most anticipated annual events of the black community.

Smith has remained with the essence for over thirty years, serving for many of this as a president, specializing in marketing and promoting. He is credited with specializing in investing in a black audience, especially black women, a choice whose effects are still positive.

Susan L. Taylor, former editor -in -chief of the Essence magazine, He said about Smith“We lost a powerful mind, but not heritage. It continues.”

Born in Bronx in New York, in 1933, Smith served in the American army before he became an entrepreneur and businessman. His awards include various awards, including the Award AG Gaston Lifetime Achievement Award in 1997. His wife, Elaine and their family survived.

Megan Thee stallion to open your own Popeyes store

(tagstotranslate) Essence

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This article was originally published on : thegrio.com
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