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Unit 1 Lesson 3 PPT

Unit 1 Lesson 3 PPT

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1 making money intro 1 making money intro Presentation Transcript

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