Financial Aspects of Career Planning Chapter 2

Choosing A Career Find ________ in your work Work just to make money A job or a ________???? Job- work that you do mainly to earn money Career-a commitment to work in a field that you find interesting and fulfilling

Career Choice is a Lifelong Challenge Continued _________ Opportunities for growth Choosing a ______career is a very important financial decision because it will Affect your ____________ Affect your _____________

Factors Influence The Way You Will Live and Your Financial Conditions Your career choice will Affect the amount ________ you will make The people you will meet How much spare time you will have Affect your __________ (goods and services you can buy)

A Career will require Trade-offs or ______________ Devote time and energy to work may affect your personal family time Personal satisfaction suffer Married vs being single Challenged work versus not a very big salary Transfer with work or turn it down because of family May look for flex time to be with family

Balance between personal satisfaction and financial reward A person must know their _______ _________ __________ Goals Personal Factors What are your ___________ ____________ Personal qualities

Career Training/Skill Development Level of education The more _________ the more money Field of study Some ___________will earn more money (medicine, lawyer etc.) Adapt to each individual work situation Good ________ make you an asset to your employer Good ___________ Good working relations with co-workers Creative Excel by reading Express yourself

What do you do best? What do you enjoy? ____________ – natural abilities that people possess Sing Working with numbers Solve puzzles What do you enjoy? Interest inventories-match your likes, dislikes, interests with various kinds of work Do you like? Nature outdoors, Make things

Does Your Dream Job Exist? _______________ Quiet (read book versus going out to parties) Conservative (not a risk taker versus taking risks Slow or fast (work well under pressure or do you need lots of time)

Making Career Decision Balance Need to balance between __________ and __________ for a job or career. Making Career Decision Review your situation Changes in personal life or in society will affect your work life Look at opportunity costs Talk to people

Stages of Career Planning, Changes and Advancement Assess __________ abilities, and interests. Research careers Identify __________ in chosen field Develop a ______and ______ Apply for jobs. 4. _________for available positions, improve interviewing skills. 5. Consider job offers. Accept the job that meets _________and personal requirements. 6. ______and implement a program for career development.

Career Opportunities: Now and In the Future These factors may affect your career _____________ Demographic trends-how people change over time Elderly people require more assisted care Leisure time require gyms, trainers Working parents require child care facilities Employment training require teachers. Geographic trends-people and jobs move Where are the fastest growing areas? Where are the high paying jobs? _______________ High interest rates, price increases, decreased demand for products High interest rates reduce employment in housing-related industries Less jobs in America because of jobs going overseas and products being made in other countries Automation has taken over many tasks that was done by factory workers Service industry is busier by providing adult care, fast food etc.

A MUST A MUST!!! Learn a variety of ____________ That includes how to ____________ Know more than one __________ Don’t limit yourself to one learned in high school, seek advice from your university professor to know the going global language Chinese, German, Russian, French

Obtaining Employment and Developing a Career Section 2.2

Employment Search Strategies Obtaining Employment __________ _________ work ________ work _________ and _____________ Class project or after-school activities

Using Career Information Sources Libraries Mass media The _________ School Guidance Offices _________ Organization _________ Organizations Contacts _______________ Informational interview

Identifying Job Opportunities Employment Agencies Internet Visit a company where you might want to work Talk with people Applying for a Job Resume Cover letter Interview

Considering a Job Offer Know about the job, ___________, _________ Work Environment How do employers work with employees? What are the values, goals of other employees-do they match yours? Factors Affecting Salary Salary depends on job experience/education Raises Measuring Employee ________ Health care, retirements benefits, certain needs of your family. Compare benefits What are the taxes? Tax exempt-one which you won’t have to pay taxes (free life insurance) Tax-deferred-pay income tax on it later after your retire like a 401k plan

Your Employee Legal Rights Can’t refuse to hire a woman because she is _____________ CAN’T discriminate against ___________________________ Employer must pay social security benefits, unemployment insurance, and worker’s compensation funds in case of a work-related injury or illness

Long term Career Development Can’t predict the future but continue to develop attitude, skills Develop _________ skills Develop great ____________ Be creative to help upcoming career problems-you may need to ask for help. Take advantage of __________________ Take advantage of mentors in your field or another field

Changing Careers-Why? More ________________ Spouse job was transferred Job affects you negatively physically or emotionally Receive _________performance evaluations No advancement with pay or promotion Poor relationship with your supervisor or coworkers.

Students must bring for your resume! Jobs, person who was your boss, manger or owner, Address of job Telephone number of employment If you took college credit, get your GPA (KC gave you a login/password through the mail for this so login and find out) Three references of an adult you know that isn’t the job person above. You need their title if they have one and their telephone number. This person is one that can tell me about your personally. Honors or awards you may have won Clubs including non-school (4-H, scouts) Volunteer work ( mission trips etc.) You need an adult name and telephone number for the volunteer and club.