1. Earnings and Job Advancement
Chapter 10
Presented by Ms. Baumgartner

2. Chapter Objectives Objective 1 Objective 2 Objective 3 Objective 4

3. ETHICAL DECISIONS (PG 132)
Read the paragraph and answer the question:
WHAT WOULD YOU DO?

4. 10.1 Your Job Earnings and Paycheck
When you get paid, you will receive a paycheck and an attached statement of earnings…pay stub
What can you do with your check???
Amount depends on ___________________________

5. 10.1 Your Job Earnings and Paycheck
Compensation is the total income and benefits you receive
Wages – Explanation
Overtime pay – Explanation
Piece rate – Explanation
Commissions – Explanation
Tips – also called ___________
Bonuses – Explanation
Fringe benefits – indirect compensation…given instead of cash…example would be ___________

6. 10.1 Your Job Earnings and Paycheck
When you get your paycheck - Look over it carefully…make sure it’s ___________ (name, address, and social security number)
Gross pay – Definition
Deductions – Definition
Net pay – also known as “___________”…amount after deductions

7. 10.1 Your Job Earnings and Paycheck
Statement of Earnings – also called a pay statement or pay stub, shows your gross pay, deductions, and net pay
Deductions:
Deduction 1 and describe
Deduction 2, what it stands for and what it is
Deduction 3 and describe
Deduction 4 and describe
Deduction 5 and describe
Deduction 6 and describe why important

8. 10.1 Your Job Earnings and Paycheck
Pay raise benefits
Benefit 1
Benefit 2
Benefit 3
Automatic raise – Definition
Merit raise – Definition
When would someone get an automatic raise over a merit raise?

9. Checkpoint 10.1 The amount of your paycheck depends on what 2 things?
Why is it important to check your pay statement often?
List and briefly explain each form of compensation
How is a paycheck calculated?
Describe how you should go about asking for a raise

10. 10.2 Job Changes Reasons for Job Changes Reason 1
Reason 2 (better opportunity elsewhere, dislike present job, no chance of pay raise or promotion in the future, change in personal situation, or loss of job)
Reason 3

11. Career decisions (pg 138) Read the paragraph and answer the question:
WHAT WOULD YOU DO?

12. 10.2 Job Changes Leaving a Job
___________ very carefully no matter the reason
Do not make ___________ decisions
Find out ___________
If not then give your employer at least two week’s notice

13. 10.2 Job Changes Leaving a Job continued…
Follow-up verbal notice with written notice…letter of resignation
Include the following
______________________

14. 10.2 Job Changes Leaving a Job continued…
Once you’ve notified your boss…
Continue ___________
Do not ___________
Make sure you leave on good terms…that job could be a good ___________ for you

15. 10.2 CHECKPOINT Name 2 reasons why promotional opportunities occur
List 5 common reasons for changing jobs
Why is it best to leave a job on good terms with your employer?
Will complete payroll deductions as a class (#4 example at end of chapter)

16. Letter of resignation
Compose a letter of resignation following the sample on page 140
Can be for any job, any company, formatted correctly

17. Complete worksheets for chapter
Complete assigned worksheets

18. Complete chapter 10 assessment
6-15 (write definition and word)
1,16,18,