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Making Money
Career Planning <ul><li>Assess your personal interests, abilities, and career goals </li></ul><ul><li>Evaluate the current...
BEFORE THE INTERVIEW <ul><li>Research the organization </li></ul><ul><li>Practice your interview skills </li></ul><ul><li>...
COMMON INTERVIEW QUESTIONS <ul><li>Where do you see yourself in five years? </li></ul><ul><li>What skills do you have that...
DURING THE INTERVIEW <ul><li>Relax. Be yourself </li></ul><ul><li>Answer questions completely and calmly </li></ul><ul><ul...
AFTER THE INTERVIEW <ul><li>Write down notes on how you can improve for your next interview </li></ul><ul><ul><li>Think ab...
Pay & Benefits <ul><li>Paid vacation days </li></ul><ul><li>Paid sick days </li></ul><ul><li>Insurance </li></ul><ul><li>R...
Job Costs (Hidden Costs) <ul><li>Taxes </li></ul><ul><ul><li>About 27% of your gross pay </li></ul></ul><ul><li>Transporta...
STANDARD PAYCHECK DEDUCTIONS <ul><li>Federal Income Tax – 10% (less than $8,025/year) </li></ul><ul><li>Social Security Ta...
 
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1 making money intro

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Unit 1 Lesson 3 PPT

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Transcript of "1 making money intro"

  1. 1. Making Money
  2. 2. Career Planning <ul><li>Assess your personal interests, abilities, and career goals </li></ul><ul><li>Evaluate the current employment market </li></ul><ul><li>Identify specific job opportunities </li></ul><ul><li>Apply for employment positions </li></ul><ul><li>Interview for available positions </li></ul><ul><li>Obtain additional training </li></ul>
  3. 3. BEFORE THE INTERVIEW <ul><li>Research the organization </li></ul><ul><li>Practice your interview skills </li></ul><ul><li>Prepare questions you plan to ask </li></ul><ul><li>Dress properly </li></ul><ul><ul><li>(Varies depending on the job) </li></ul></ul><ul><li>Arrive a little early for the interview </li></ul><ul><ul><li>15 minutes is appropriate </li></ul></ul><ul><li>Do NOT wear perfume or cologne! </li></ul>
  4. 4. COMMON INTERVIEW QUESTIONS <ul><li>Where do you see yourself in five years? </li></ul><ul><li>What skills do you have that will help us? </li></ul><ul><li>What are your major strengths? </li></ul><ul><li>What are your weaknesses? </li></ul><ul><li>What is it about this job that you think you would like most? </li></ul>
  5. 5. DURING THE INTERVIEW <ul><li>Relax. Be yourself </li></ul><ul><li>Answer questions completely and calmly </li></ul><ul><ul><li>Pause before answering </li></ul></ul><ul><ul><li>Think about your answer before you say it! </li></ul></ul><ul><li>Ask questions </li></ul><ul><ul><li>Always ask something that you would like to know, except for how much you get paid. </li></ul></ul><ul><li>Ask when you might hear from the organization </li></ul><ul><ul><li>What’s your timeline? </li></ul></ul>
  6. 6. AFTER THE INTERVIEW <ul><li>Write down notes on how you can improve for your next interview </li></ul><ul><ul><li>Think about the things that went went </li></ul></ul><ul><ul><li>Think about what might have not gone so well </li></ul></ul><ul><li>Write a thank you and send to every person on the interview committee </li></ul>
  7. 7. Pay & Benefits <ul><li>Paid vacation days </li></ul><ul><li>Paid sick days </li></ul><ul><li>Insurance </li></ul><ul><li>Retirement benefits </li></ul><ul><li>Employee discounts </li></ul><ul><li>Annual Salary: $10,000 </li></ul><ul><li>Your employer cost: $15,000 </li></ul>Benefits cost your employer between 33% and 50% of your pay.
  8. 8. Job Costs (Hidden Costs) <ul><li>Taxes </li></ul><ul><ul><li>About 27% of your gross pay </li></ul></ul><ul><li>Transportation </li></ul><ul><ul><li>Gas, Maintenance </li></ul></ul><ul><li>Clothing/Uniforms </li></ul><ul><ul><li>Specialized attire </li></ul></ul><ul><li>Food costs while working </li></ul><ul><ul><li>Pack a lunch? Eat where you work? Eat out? </li></ul></ul><ul><li>Less free time </li></ul>
  9. 9. STANDARD PAYCHECK DEDUCTIONS <ul><li>Federal Income Tax – 10% (less than $8,025/year) </li></ul><ul><li>Social Security Tax – 6.2% </li></ul><ul><li>Medicare Tax – 1.45% </li></ul><ul><li>State Income Tax – 3.07% </li></ul><ul><li>Local Income Tax – 1% </li></ul><ul><li>Uniform Allowance </li></ul>
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