What’s a Good Job?

A guide to selecting, preparing for,

evaluating, and landing one.

What are my choices after high school?

• Work force

• Military

• Technical College

• University– Public– Private– Specialized

• Other

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

How are workers usually paid?

• Hourly wage (possibility of overtime)

• Annual Salary

• Commission

• Piece work

• Other (combinations)

Hourly Wage

• Advantages

–Possibility of OT (1 1/2)

• Disadvantages

–Inconsistent income

Annual Salary

• Advantages

–Consistent Income

–Same pay regardless of hours worked

• Disadvantages

–No possibility of OT

–Same pay regardless of hours worked

Commission/Piece Work

• Advantages

–High income potential

–Rewards for good performance

• Disadvantages

–Inconsistent income

–Poor performance/Low pay.

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.

Hourly Wage/Annual Salary

Wage X 40 hours/week = weekly wage

Weekly wage x 50 weeks = yearly wage

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

Now how much is enough?–Total Monthly Costs

–Required Monthly Income

–Wage/Salary Required

What about other benefits?

–Medical Benefits

–Dental Benefits

–401 K

–Sick, Personal, Emergency Days

–OthersIn a good job, you benefits account for 33% of your overall compensation?

Let’s compare!–Average earnings w/ high school

diploma = $_________________

–Average earnings w/ an associates degree = $__________

–Average earnings w/ a bachelor’s degree = $__________________

How much does an education cost?

–Associates Degree

–Bachelor’s Degree

How much does not pursuing an education cost?

–Lifetime Earnings

–Retirement Earnings

–Social Security Earnings

–Interest Earnings

What choice will you make?–The type of job I hope to have will

include__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

What choice will you make?–The type of job I hope to have will

require__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________