1. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 1 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona With your table groups, you are going to list 10 of the most common interview questions you believe exist. – Then you will talk in your groups about how you would individually answer those questions. What was most difficult about this activity? Interviews

2. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 2 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Top Common Interview Questions

3. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 3 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Top Common Interview Questions

4. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 4 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

5. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 5 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

6. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 6 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

7. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 7 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona 12x12x12 Theory During the interview your employer judges you 12 feet away (your appearance and posture), 12 inches away (grooming and neatness), and the first 12 words that come out of your mouth (diction and word choice).

8. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 8 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

9. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 9 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

10. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 10 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

11. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 11 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Accepting the Job and Comparing Job Offers

12. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 12 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona How do you become qualified for jobs? Human capital Transferable skills Invest in yourself

13. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 13 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Job Description Job duties/ responsibilities Environment Is the job right for you? Schedule

14. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 14 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona What is human capital? Human capital - the skills, knowledge, and experiences possessed by an individual How can a person invest in their human capital?

15. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 15 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona What are transferable skills? Transferable skills - versatile skills that are applied to personal and professional roles Organization Creativity Listening Cooperation

16. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 16 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Deal or No Deal? Current Job Design Architect $60,000 New Job Offer With a Different Company Architect Project Manager $65,000 Meet Mia Should Mia accept the new job or stay in her current job? More information is needed!

17. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 17 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Consider all aspects of a job to find a job that contributes to your well-being Job Description Wages Employee Benefits Location Choose a briefcase to learn more: Once each briefcase has been explored, learn more about Mia’s jobs to help her make a decision. Mia: Deal or No Deal?

18. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 18 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Cost of Living Cost of living – includes housing, food, transportation, and other everyday expenses. –Rural communities often have a lower cost of living than urban communities. Index form – rates communities on a scale of 100.0 and gives an average cost community a rating of 100.0. –A lower index means a lower cost of living. –A higher index means a higher cost of living.

19. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 19 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Comparing Job Offers Base Salary Dollar amount a person will receive in his/her monthly paycheck before taxes. Based upon supply and demand Fringe Benefits Paid sick time Holidays and vacation time Bonuses Health and life insurance Workman’s compensation Retirement contributions Opportunity for Advancement & Other Work Incentives Raised based on performance Guaranteed pay raise based on longevity Additional perks Relocation allowances Company car Repayment of education loans Stock options Gym mem-ship Flexible hours Merchandise discounts Child care Telecommuting Location and Environment Commute time Affordable housing Low crime rate Good schools Desired climate

20. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 20 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Employee Benefits Employee benefits - products or services provided by an employer that provide extra value beyond wages Free or discounted In many cases the employee would have to pay for the benefit anyway Save money Employee Benefits

21. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 21 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Examples Usually less expensive than insurance purchased privately Examples: health, life and disability Insurance Specifics depend on employer Some will match the funds contributed by employee Retirement contributions /options Set aside a portion of earnings in an account that is not taxed Pays for qualified expenses such as medical and dependent care Flexible spending accounts

22. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 22 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Examples Paid or unpaid days off work Specific amount of days and amount of pay varies Sick, vacation/personal, and holiday leave Working from home Working a modified work week Flexible scheduling Discounted gym memberships Free health screenings Wellness

23. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 23 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Examples Child care Parking and/or transportation Formal training Pay for or discount classes, workshops, etc. Uniform/dry cleaning Other - work vehicle, cell phone, discounted meals Back Do you have a job with employee benefits?

24. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 24 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona A.Job Offer 1 – $35,000.00 in Reno, NV B.Job Offer 2 – $40,000.00 in Anchorage, AK C.Not enough information to decide Which option is best? Which is the better deal?

25. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 25 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Cost of Living Equation Round dollar amounts to two decimal places Salary in city 1 x Cost of Living Index of City 2 Cost of Living Index of City 1 = Equivalent Salary in city 2

26. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 26 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Cost of Living Equation In order to compare the cost of living in two cities always follow these three steps: – Step 1: Assign each cities numbers. One city will be assigned the number one and the other the number two. – Step 2: Provide the corresponding salaries and index amounts. – Step 3: Complete the math and indicate which city is a better offer and why.

27. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 27 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Example #1: Sara’s Job Offers Job Offer 1 – Reno, NV – $35,000.00 salary – 105.1 cost of living index Job Offer 2 – Anchorage, AK – $40,000.00 salary – 123.1 cost of living index

28. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 28 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Sara’s Cost of Living Equations $35,000.00 in Reno x 123.1 105.1 = Equivalent Salary in Anchorage $40,000.00 in Anchorage x 105.1 123.1 = Equivalent Salary in Reno Option 1 or Option 2

29. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 29 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Sara’s Cost of Living Equations $35,000.00 x 1.1712654 = $40,994.29 = Equivalent salary in Anchorage $40,000.00 x.8537774 = $34,151.35 = Equivalent salary in Reno Option 1 or Option 2

30. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 30 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Sara’s Job Outcome A person earning $35,000.00 in Reno must earn $40,994.29 in Anchorage to have the same spending power. –Or A person earning $40,000.00 in Anchorage must earn $34,151.35 in Reno to have the same spending power. Therefore, the salary offer in Reno is better by $994.29 ($40,994.29 - $40,000.00). Job Offer 1 $ 35,000.00 in Reno, NV Job Offer 2 $40,994.29 in Anchorage, AK

31. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 31 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Example #2: Joe’s Offers Try on your own and then share your answer with your table groups. Job Offer 1- Denver, CO – $24,000.00 salary – 102.9 cost of living index Job Offer 2 - Seattle, WA – $32,000.00 salary – 148.2 cost of living index

32. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 32 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Cost of Living Equation Round dollar amounts to two decimal places Salary in city 1 x Cost of Living Index of City 2 Cost of Living Index of City 1 = Equivalent Salary in city 2

33. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 33 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Joe’s Cost of Living Equations $24,000.00 in Denver x 148.2 102.9 = Equivalent salary in Seattle $32,000.00 in Seattle x 102.9 148.2 = Equivalent salary in Denver Option 1 or Option 2

34. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 34 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Joe’s Cost of Living Equations $24,000.00 x 1.4402332 = $34,565.60 = Equivalent salary in Seattle $32,000.00 x.6943319 = $22,218.62 = Equivalent salary in Denver Option 1 or Option 2

35. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 35 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona © Family Economics & Financial Education – Revised May 2009 – Career Development Unit – Comparing Job Offers – Slide 35 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona 1.1.3.G1 Joe’s Job Outcome A person earning $24,000.00 in Denver must earn $34,565.60 in Seattle to have the same spending power. –Or A person earning $32,000.00 in Seattle must earn $22,218.62 in Denver to have the same spending power. Therefore, the salary offer in Denver is better by $2,565.60 ($34,565.60 - $32,000.00). Job Offer 1 $24,000.00 in Denver, CO Job Offer 2 $34,565.60 in Seattle, WA

36. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 36 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Joe’s Job including benefit package Job offer 1 - Denver, CO – $24,000.00 salary + $4,500.00 benefits =$28,500.00 – 102.9 cost of living index Job offer 2 - Seattle, WA – $32,000.00 salary +$6,000.00 benefits = $38,000.00 – 148.2 cost of living index

37. 2.3.7.G1 Taker Charge Today – August 2013 – Lifelong Employment – Slide 37 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona Homework… Cost of Living Assignment