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Published byHeather Hudson Modified over 9 years ago
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What’s a Good Job? A guide to selecting, preparing for, evaluating, and landing one.
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What are my choices after high school? Work force Military Technical College University –Public –Private –Specialized Other
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What are some factors that determine the quality of a job? Pay Health Insurance Dental Insurance Vision Insurance Paid Vacation 401 K Sick Days Emergency Days Personal Days Location Hours Type of work Work environment Advancement Chances Paid Training Enjoyable Work
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How are workers usually paid? Hourly wage (possibility of overtime) Annual Salary Commission Piece work Other (combinations)
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Hourly Wage Advantages –Possibility of OT (1 1/2) Disadvantages –Inconsistent income
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Annual Salary Advantages –Consistent Income –Same pay regardless of hours worked Disadvantages –No possibility of OT –Same pay regardless of hours worked
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Commission/Piece Work Advantages –High income potential –Rewards for good performance Disadvantages –Inconsistent income –Poor performance /Low pay.
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How much pay is enough? $5.15/hour = $___________ year $8.00/hour = $___________ year $10.00/hour = $___________ year $12.00/hour = $___________ year $15.00/hour = $___________ year $20.00/hour = $___________ year $25.00/hour = $___________ year In order to be happy, I need to make $________ per year.
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Hourly Wage/Annual Salary Wage X 40 hours/week = weekly wage Weekly wage x 50 weeks = yearly wage
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How much pay is enough? Water Car Insurance Rent/Mortgage Insurance Toys Clothing Furniture Spending Money Gas Medical/Medicine Rent/Mortgage Car Payment Groceries Phone Taxes (15-35%) FICA Retirement Heat Electricity Household supplies
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Now how much is enough? –Total Monthly Costs –Required Monthly Income –Wage/Salary Required
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What about other benefits? –Medical Benefits –Dental Benefits –401 K –Sick, Personal, Emergency Days –Others In a good job, you benefits account for 33% of your overall compensation?
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Let’s compare! –Average earnings w/ high school diploma = $_________________ –Average earnings w/ an associates degree = $__________ –Average earnings w/ a bachelor’s degree = $__________________
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How much does an education cost? –Associates Degree –Bachelor’s Degree
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How much does not pursuing an education cost? –Lifetime Earnings –Retirement Earnings –Social Security Earnings –Interest Earnings
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What choice will you make? –The type of job I hope to have will include__________________________ ________________________________ ________________________________ ________________________________ ________________________________ ________________________________ ________________________________ ________________________________
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What choice will you make? –The type of job I hope to have will require__________________________ ________________________________ ________________________________ ________________________________ ________________________________ ________________________________ ________________________________ ________________________________
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