Your Career: Doing What Matters Most Unit 1-a Relationship of Career and Earning Power Doing what I love I need years to prepare I Want to Make Lots of Money I want a family I want to be happy Average years you will work Men- 45 years unmarried woman- 42 years Married woman with no children- 33 years Married woman with children- 20-25 years Having a high school diploma qualifies you for about 5% of the current jobs available. What you earn depends on what you learn. Get a good education The Handshake The handshake began in medieval times. Men would grasp each other’s exposed palm to show that they held no weapons. Practice your handshake to make sure that you make a good first impression. You do not get a second chance to make a good first impression. The Handshake Standard American Greeting Firm Deep/Dry 2 shakes Look the person in the eye State your name Occupational Values High Income - money that you make Prestige - that people respect you and look up to you Independence - give you freedom to make your own decisions Helping others - put others before yourself Security - fear of losing your job Variety - different kinds of activities daily Leadership - guiding others Work in Main Field of Interest Leisure - amount of time off work Early Entry- enter field with little schooling or experience Occupational Values What is the most important factor in deciding your career? At what age do you think a person should decide their career? What careers are appealing to you? What kind of salary do you prefer (hourly, commission/set) What are your top occupational values? 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? 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 betterpaying job as a result Other Examples? Key Employee Skills Basic Skills Personal Skills Interpersonal Skills Systems Skills Thinking Skills Resource Management Skills Information Management Skills Technology Skills Basic Skills Able to read, write, perform basic math computations; listens well; speaks clearly Personal Skills Goal driven, positive selfimage, sociable, realistic selfassessment, demonstrates honesty Interpersonal Skills Team player, able to teach and lead other employees with diverse backgrounds, meets customer expectations, negotiates well Organizational Skills Works well in an organization, can monitor & correct performance, suggests improvements to the organization Thinking Skills Creates new ideas, makes decisions, solves problems, organizes information, learns efficiently, can reason things out Resource Management Skills Makes good use of time, money, materials, and employee resources. Thinks of more efficient ways of doing things Information Management Skills Acquires, assimilates, and organizes information; has solid analytical and problem solving skills Technology Skills Solid skills in various electronic media, can operate various types of equipment with ease, can maintain and repair equipment Career Pathway Education and Experience www.bls .gov Ranking Order of Key Employee Skills 5 1 9 10 6 2 Click Here to Find Out What Employers Want 7 12 8 11 13 4 3 7-G Source: Job Outlook 2006, National Association of Colleges and Employers Average College Costs Private Nonprofit 4-year • $30, 094 ($40,917 including room and board) • Increased 14% over the last 5 years Public 4-year • $8, 893 per semester ($18,391 including room and board for the year) • Increased 27% over the last 5 years Public 2-year • $3,264 • Increased 26% over the last 5 years Sources: The College Board, Annual Survey of Colleges; NCES, IPEDS Typical Employee Benefits 7-K-1 Hospitalization, Medical, and Disability Insurance Dental and Vision Insurance Accidental Death Insurance Sick Leave Paid Vacation Time and Holidays Parental Leave Typical Employee Benefits Worker’s Compensation Insurance Life Insurance Retirement Benefits Retirement Savings Plans Employee Assistance Programs 7-K-2 Factors that Can Affect Your Earning Potential Promotions Additional Training Being Fired Being Laid Off Advanced Degrees A New Job Business Downturn Relocation Life-Changing Situations Changing Careers Business Upturn Best and Worst Jobs http://money.cnn.com/magazines/moneymag/bestj obs/top50/index.html http://www.careerjournal.com/jobhunting/change/ 20020507-lee.html http://www.alternet.org/rights/24927/