Planning Your Career

Job vs. Career

7-A Relationship of Career and Earning Power

7-B 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 Give up time with family and friends Instead of relocating to take a better job Getting a better- paying job as a result Can you think of some other examples?

Key Employee Skills Basic Skills Interpersonal Skills Information Management Skills Systems Skills Technology Skills Thinking Skills Personal Skills Resource Management Skills StartHere

Basic Skills Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Able to read, write, perform basic math computations; listens well; speaks clearly Key Employee Skills 7-D-2

Personal Skills Goal driven, positive self-image, sociable, realistic self-assessment, demonstrates honesty Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Interpersonal Skills Team player, able to teach and lead other employees with diverse backgrounds, meets customer expectations, negotiates well Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Organizational Skills Works well in an organization, can monitor and correct performance, suggests improvements to the organization Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Thinking Skills Creates new ideas, makes decisions, solves problems, organizes information, learns efficiently, can reason things out Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Resource Management Skills Makes good use of time, money, materials and employee resources; thinks of more efficient ways of doing things Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Information Management Skills Acquires, assimilates and organizes information; has solid analytical and problem-solving skills Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Technology Skills Solid skills in various electronic media (computers); can operate various types of equipment with ease, can maintain and repair equipment Basic Skills Basic Skills Interpersonal Skills Interpersonal Skills Information Management Skills Organizational Skills Organizational Skills Technology Skills Thinking Skills Personal Skills Personal Skills Resource Management Skills Menu Key Employee Skills

Ranking Order of Key Employee Skills Click Here to Find Out What Employers Want Source: Job Outlook 2006, National Association of Colleges and Employers

Career Pathway Internship/part-time job in related field Receive formal education/training Take first job On-the-job training School at night Promotion Go back to school to study more in chosen field Take new, better job Explore career in high school years Promoted to higher-paying position Take next job at higher pay

7-H Average College Costs Sample Average Undergraduate Costs, Four-year Public Institutions Four-year Private Institutions Resident Out-of-state Resident $16,357 $26,304 $33,301 Source: College Board’s Trends in College Pricing, 2006

Education Funding Options College savings Scholarships and grants Federal education loans Private education loans Work-study programs Tuition assistance from employer Military programs

7-I Education Earnings Bureau of Labor Statistics, 2006

How Much is Class Worth? Worklife earnings estimates by highest level of educational attainment Millions of 2006 dollars Some high school, no degree High school diploma, or equivalent Associate Degree Professional Degree Doctoral Degree Master’s Degree Bachelor’s Degree Some college, no degree Source, US Census Bureau, current population survey, educational attainment in the US. 2005

7-K-1 Typical Employee Benefits Hospitalization, medical and disability insurance Dental and vision insurance Accidental death insurance Sick leave Paid vacation time and holidays Parental leave 1 of 2 More

7-K-2 Typical Employee Benefits Workers’ compensation insurance Life insurance Retirement benefits Retirement savings plans Employee assistance programs 2 of 2

7-L Factors That Can Affect Your Earning Potential Business downturn Being laid off Life-changing situations Changing careers Promotions Relocation Business upturn Additional training What other factors can you think of? New job Being fired Advanced degrees

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