1. Chapter © 2010 South-Western, Cengage Learning Choosing Your Career 1.1 1.1Jobs and Careers 1.2 1.2Coping with Change and Reinventing Yourself 1

2. © 2010 South-Western, Cengage Learning SLIDE 2 Chapter 1 Lesson 1.1 Jobs and Careers GOALS Discuss career and job trends, and describe sources of job information. Complete a job analysis, listing positive and negative features of potential career choices. STANDARD(S) 1.1 Interpret factors affecting income A. Career choices and potential income B. Educational requirements/training costs C. Educational level

3. © 2010 South-Western, Cengage Learning SLIDE 3 Chapter 1 Careers of the Future Major occupational groups Professional – one of the highest paying career group; having knowledge is KEY! Lawyers, economists, teachers Service – large and increasing sector of the market Job titles and descriptions Dictionary of Occupational Titles (DOT) http://online.onetcenter.org Occupational Outlook Handbook (OOH) http://www.bls.gov/oco Monthly Labor Review http://stats.bls.gov/opub/mlr/mlrhome.htm

4. © 2010 South-Western, Cengage Learning SLIDE 4 Chapter 1 OOH Job Description Categories Management Professional Service Sales Administrative Farming Construction Installation Production Transportation Armed Forces

5. © 2010 South-Western, Cengage Learning SLIDE 5 Chapter 1 Job Analysis A job analysis is an evaluation of the positive and negative attributes of a given type of work. A job analysis can help you identify types of work that would be a good fit for you. The salary you earn will depend on your skills, education, and experience.

6. © 2010 South-Western, Cengage Learning SLIDE 6 Chapter 1 Title and salary Skills, education, and experience Positive featuresNegative features Job Analysis Form

7. © 2010 South-Western, Cengage Learning SLIDE 7 Chapter 1 Positive Features of Employment Salary is the amount of monthly or annual pay that you will earn for your labor. Benefits are company-provided supplements to salary, such as sick pay, vacation time, profit-sharing plans, and health insurance. Opportunity for promotion is the ability to advance to positions of greater responsibility and higher pay. Other things to consider: Commuting distance, work hours and flexibility, company stability, and personnel policies

8. © 2010 South-Western, Cengage Learning SLIDE 8 Chapter 1 Negative Features of Employment Employee expenses include any costs of working paid by the employee that are not reimbursed by the employer. Examples include the costs of parking and transportation, such as gasoline or bus fare. The cost of these expenses can make a job less attractive. Work characteristics are the daily activities of the job and the environment in which they must be performed. Examples include working indoors versus outdoors, working alone versus working on a team, and having a high or low degree of stress. Some work characteristics can make a job less attractive to some workers.

9. © 2010 South-Western, Cengage Learning SLIDE 9 Chapter 1 Entrepreneurship An entrepreneur is someone who organizes, manages, and assumes the ownership risks of a new business. Opportunities for business ownership Continue a family business Purchase an existing business or franchise Start a new business from scratch

10. © 2010 South-Western, Cengage Learning SLIDE 10 Chapter 1 Advantages of Owning Your Own Business Make the decisions Be your own boss Feel in control of your own future Keep the profits

11. © 2010 South-Western, Cengage Learning SLIDE 11 Chapter 1 Disadvantages of Owning Your Own Business Large investment of planning and money High risk of failure Statistics show that most new small businesses do not succeed. Two most common reasons for failure: Lack of financing Lack of skills

12. © 2010 South-Western, Cengage Learning SLIDE 12 Chapter 1 Quick Review What are some positive features of employment? What are some U.S. government publications to help you research careers? How can you prepare for the new and rapidly changing work environment?

13. © 2010 South-Western, Cengage Learning SLIDE 13 Chapter 1 Applying Your Knowledge Think of a new technology/invention that has been introduced in the last few years. How has it changed your life? Describe a technological advance that was considered groundbreaking a few years ago, but that is obsolete today. As you think of your career choice, how might changes such as these affect your decision?

14. © 2010 South-Western, Cengage Learning SLIDE 14 Chapter 1 Activity 1.1 Job Analysis (Career Report) 1.2 O*Net Research

15. © 2010 South-Western, Cengage Learning SLIDE 15 Chapter 1 Lesson 1.2 Coping with Change and Reinventing Yourself GOALS Explain techniques for coping with change and reinventing yourself. Discuss the need for job networking for long-term career success. STANDARD(S) 1.1 Interpret factors affecting income A. Career choices and potential income B. Educational requirements/training costs C. Educational level

16. © 2010 South-Western, Cengage Learning SLIDE 16 Chapter 1 Coping with Change Stay informed – watch the news, read papers/magazines, etc. Be a lifelong learner—someone who actively seeks new knowledge, skills, and experiences that will add to professional and personal growth throughout life. Take classes Upgrading—advancing to a higher level of skill to increase your usefulness to an employer. Retraining—learning new and different skills so that an employee can retain the same level of employability. Advanced degrees—specialized, intensive programs (taken after obtaining the first college degree) that prepare students for higher-level work responsibilities with more challenges and higher pay.

17. © 2010 South-Western, Cengage Learning SLIDE 17 Chapter 1 Complete a Self-Assessment Think about what you like doing, what you do well, and what skills and knowledge you want to enhance. Self-assessment inventory lists your strong and weak points along with plans for improvement as you prepare for a career.

18. © 2010 South-Western, Cengage Learning SLIDE 18 Chapter 1 Self-Assessment Inventory StrengthsWeaknessesPlan of Action EducationExperienceAptitudes and AbilitiesAppearance

19. © 2010 South-Western, Cengage Learning SLIDE 19 Chapter 1 Placement Centers Many schools, colleges, and technical training institutes have placement centers that offer services related to careers and employment. Services offered Assisting with self-assessment inventories Advice and counseling to help you determine a career direction Vocational, interest, and personal testing Notification of job openings and assistance with applying and interviewing

20. © 2010 South-Western, Cengage Learning SLIDE 20 Chapter 1 Changing Career Opportunities Long-term sustainability Embrace change and adapt to it Be open to future opportunities and challenges A world economy Developing countries are nations that currently have little industry and a low standard of living NAFTA (North American Free Trade Agreement) Opened doors for American businesses to move production to Mexico and Canada

21. © 2010 South-Western, Cengage Learning SLIDE 21 Chapter 1 Changing Career Opportunities Networking Networks are informal groups of people with common interests who interact for mutual assistance. Networking includes making phone calls, sharing lunch, and creating opportunities to share ideas with your group of acquaintances.

22. © 2010 South-Western, Cengage Learning SLIDE 22 Chapter 1 Quick Review What steps can you take today, and as you go through life, to deal with change and reduce uncertainty in your career? What does it mean to be a lifelong learner?

23. © 2010 South-Western, Cengage Learning SLIDE 23 Chapter 1 Thinking Critically What have you done, and what can you do in the future, to expand your network?

24. © 2010 South-Western, Cengage Learning SLIDE 24 Chapter 1 Apply Your Knowledge Think of a business that you have observed making changes over the years to meet the changing needs and wants of consumers. (Hint: Look at how McDonald’s has changed.) How might you reinvent yourself to meet changing demands in the workplace?