1. Unit 7 - Your Career:
Doing What Matters Most

2. Relationship of Career and Earning Power
I Need Years to Prepare
Doing what I love to do
I Want a Family
I Want to Make Lots of Money
I Want to Be Happy
7-A

3. Reasons Employees Are Rewarded
They add value with their ideas.
They learn new skills.
They help the business grow.
They take on additional responsibility.
Can you think of others?
7-B

4. The Opportunity Cost of Working
Take an evening shift job
Decide to stay in current position…
Going to college and starting work later on
Give up time with family and friends
Instead of relocating to take a better job
And getting a better-paying job as a result
Can You Think of Some Other Examples?
7-C

5. Information Management
Key Employee Skills
Basic Skills
Thinking Skills
Resource Management
Skills
Personal Skills
Interpersonal
Skills
Information Management
Skills
Systems
Skills
Technology Skills
7-D-1

6. Key Employee Skills
Menu
Basic Skills
Basic Skills
Personal Skills
Interpersonal Skills
Able to read, write, perform basic math computations; listens well; speaks clearly
Organizational Skills
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-2

7. Key Employee Skills
Menu
Personal Skills
Basic Skills
Personal Skills
Interpersonal Skills
Goal driven, positive self image, sociable, realistic self-assessment, demonstrates honesty
Organizational Skills
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-3

8. Key Employee Skills
Menu
Interpersonal Skills
Basic Skills
Personal Skills
Interpersonal Skills
Team player, able to teach and lead other employees with diverse backgrounds, meets customer expectations, negotiates well
Organizational Skills
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-4

9. Organizational Skills Organizational Skills
Key Employee Skills
Menu
Organizational Skills
Basic Skills
Personal Skills
Interpersonal Skills
Organizational Skills
Works well in an organization, can monitor and correct performance, suggests improvements to the organization
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-5

10. Key Employee Skills
Menu
Thinking Skills
Basic Skills
Personal Skills
Interpersonal Skills
Creates new ideas, makes decisions, solves problems, organizes information, learns efficiently, can reason things out
Organizational Skills
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-6

11. Resource Management Skills Resource Management Skills
Key Employee Skills
Menu
Resource Management Skills
Basic Skills
Personal Skills
Interpersonal Skills
Organizational Skills
Makes good use of time, money, materials, and employee resources. Thinks of more efficient ways of doing things
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-7

12. Information Management Skills Information Management Skills
Key Employee Skills
Menu
Information Management Skills
Basic Skills
Personal Skills
Interpersonal Skills
Organizational Skills
Acquires, assimilates, and organizes information; has solid analytical and problem-solving skills
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-8

13. Key Employee Skills
Menu
Technology Skills
Basic Skills
Personal Skills
Interpersonal Skills
Solid skills in various electronic media (computers), can operate various types of equipment with ease, can maintain and repair equipment
Organizational Skills
Thinking Skills
Resource Management Skills
Information Management Skills
Technology Skills
7-D-9

14. Career Pathway Explore Career in HS Years
Internship / PT Job in Related Field
Receives Formal Education/Training
Takes First Job
Promotes to Higher-paying Position
Goes back to School to Study
More in Chosen Field
Takes Next Job at Higher Pay
School at Night
On-the-job training
Promotion
7-E
Takes new job

15. Education and Experience
NEFE High School Financial Planning Program
Education and Experience
Some high school, no degree
High school diploma, or equivalent
Associate Degree
Professional Degree
Doctoral Degree
Master’s Degree
Bachelor’s Degree
Some college, no degree
Millions of 2006 dollars
Worklife earnings estimates by highest level of educational attainment
Source, US Census Bureau, current population survey, educational attainment in the US. 2005 1
1.2
1.5
1.6
2.5
2.1
3.4
4.4
7-F

16. Ranking Order of Key Employee Skills1 5 9 10 6 2 7 12 11 8 4 13 3
Click Here to Find Out What Employers Want
Source: Job Outlook 2006, National Association of Colleges and Employers
7-G

17. Average College Costs Four Year Public Institutions
Sample Average Undergraduate Costs,
Four Year Public Institutions
Resident
$16,357
Out-of-State
$26,304
Four Year Private Institutions
Resident
$33,301
Source: College Board’s Trends in College Pricing, 2006
7-H

18. Education
Earnings
Bureau of Labor Statistics, 2006
7-I

19. How Much is Class Worth? NEFE High School Financial Planning Program
Some high school, no degree
High school diploma, or equivalent
Associate Degree
Professional Degree
Doctoral Degree
Master’s Degree
Bachelor’s Degree
Some college, no degree
Millions of 2006 dollars
Worklife earnings estimates by highest level of educational attainment
Source, US Census Bureau, current population survey, educational attainment in the US. 2005 1
1.2
1.5
1.6
2.5
2.1
3.4
4.4
7-J

20. Typical Employee Benefits
1 of 2
Typical Employee Benefits
Hospitalization, Medical, and Disability Insurance
Dental and Vision Insurance
Accidental Death Insurance
Sick Leave
Paid Vacation Time and Holidays
Parental Leave
7-K-1

21. Typical Employee Benefits
2 of 2
Typical Employee Benefits
Worker’s Compensation Insurance
Life Insurance
Retirement Benefits
Retirement Savings Plans
Employee Assistance Programs
7-K-2

22. Factors that Can Affect Your Earning Potential
Promotions
Being Fired
Being Laid Off
Additional Training
Advanced Degrees
A New Job
Business Downturn
Relocation
Changing Careers
Life-Changing Situations
Business Upturn
What other factors can you think of?
7-L