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Published byWilfred Carroll Modified over 8 years ago
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Why do people work? Economics- to meet the wants and needs Social- to interact with other people Psychological – to make a contribution
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How are people paid? Salary Hourly wage Commission By the job- Piecework Tips Or any combination of the above
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Salary Fixed compensation paid on a regular basis for services. An agreement to work for a period of time for a specific amount of money. You may be required to sign a contract.
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Salary- Advantages Exact amount guaranteed Amount known Flexible hours Better benefits Job title Higher pay Disadvantages Set pay check Long hours More stress More leadership needed usually
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Typical jobs with a Salary Assistant Principals Principals Teachers Assistant managers Managers CEO’s Administrators Governors President Ball players Executives Designers Engineers State and Federal employees Game Wardens
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Hourly wages Money paid for labor and services for the specific time you were at work.
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Hourly wages Advantages Paid overtime for extra Paid for hours worked Usually annual wage increases Full time or part time work Disadvantages Paid for only the hours worked No set pay check Less benefits May or may not have retirement plans Lower wages Easier to replace
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Hourly Wage Earning Jobs Loggers Maids Housekeepers Secretary Receptionist Retail sales Cashier Bank teller Security guard Carpenters Typist Clerks Lab technicians Recreation workers Dispatcher Inspectors
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Commission Paid a percent or a set amount for doing a service. Paid a percent based on items sold. Paid a percent based on money collected. Set amount based on service provided.
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Commission – Advantages Disadvantages You set your own work hours You set your own pay, the more you work the more you make Could make large amounts Low hours equal low pay No guarantee No sales equal no pay
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Jobs earning Commission Real estate brokers Real estate agents Business agents Agents Door to Door Sales Retail sales Wholesale sales
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By the Job A person is paid for the job that they completed.
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By the Job Advantages Disadvantages Jobs equal money More jobs more money Hard work equals more money No jobs equal no money Have to recruit your own work Not energetic less money May not have any work Bad weather less work
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Wages earned “By the Job” Brick layers Carpenters Cabinet makers Concrete installers Paving Income tax prepares Beauticians Pilots Field trip drivers Coaches Actors, Actresses Singers Dentist Free lance photographer Truck driver
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Tips Money left in addition to the basic charge for the service.
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Tips – Advantages Disadvantages Extra money – may be in addition to your hourly wage Good attitude could equal good pay May make large amounts May not get a tip All people do not leave or believe in tips Can’t depend on an amount Not reliable
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Jobs that earn “Tips” Waiter, waitress Cooks Bartenders Agents Bus drivers Tour guides Taxi drivers Displayers Deliverer Hostesses Models Musicians Singers dancers
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Let’s Review Why do people work? What is the number reason why people across America work? What are the four basic needs for survival? How are people paid? What are some advantages and disadvantages of being paid different ways?
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Which one is best for you? You must decide for yourself. Along with the money you must take a look at the benefits the job/career provides.
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Fringe Benefits The extras in addition to your paycheck.
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What are fringe benefits? Items in addition to the paycheck that are provided by the company. This could add up to a lot of extra things they you wouldn’t have to pay for out of your check. The fringe benefits could be enough for you to select one company’s position over another company’s position.
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Benefits Sick days Personal days Holidays with pay Vacation days Health insurance Dental insurance Life insurance Disability insurance Vision insurance 401, 403K plans Retirement plans Day care options Automobile provided Travel with mileage Food allowance Supplies and Equipment provided Flex time Birthday off with pay Early retirement Discounts off merchandise
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What are your values? How will your values influence your job or career choices in the future?
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What type of Job Values do you need to consider? Values are things that are important or worthwhile to you. What do you want the company to do for you?
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Good Pay
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Security Offers steady employment
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Pleasant Surrounding clean, attractive, comfortable, indoors
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Outdoors location work outside regardless of weather
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Regular Work Week Monday through Friday
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Flexible Schedule No specific work hours required
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Adequate Resources Sufficient equipment and supplies
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Convenient Location Can reach within reasonable time each day without added expense
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Free Parking Parking is provided close by site without a cost to you personally
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Congenial Co-workers Cooperative, friendly and easy to get along with
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Competent Supervisor One who is fair and provides feedback
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Interesting work- Work that appeals to you Work that is not boring and that gives you the opportunity to do a variety of tasks.
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Routine work Work that requires no complex skills. You know what you have to do, and do it. Usually involves doing the same task over and over again
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Independent work Work that you do on your own For which you have complete responsibility either in your own business or working for someone else
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People work Work that requires you to work closely with people To help, teach, serve or protect others
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Creative work Work allows you to “do your own thing” To express yourself in different and ingenious ways Work in which you apply creative solutions to ordinary problems
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Deadline work Work which requires you to meets deadlines often. Pressure kind of work which requires you to work overtime. A lot of stress may be involved.
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Dangerous work Work that involves danger Involves risk of a physical nature
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Mental work Work which requires you to do intellectual tasks Must do more mental work than physical work
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Prestige work Work that results in recognition for you by people in your town or community Work in which you have high visibility and name/face recognition
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Physical work Work which requires a great deal of physical activity More physical activity than mental activity
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Mobile work Work that requires you to move about your city, state and country. Work which requires you to travel You may be required to spend a great deal of time away from your family
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Innovative work Work that requires you to perform task or activities that have not been done before Or not done in the same way Work of an exploratory nature
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Supervisory work Work in which you organize You are responsible for others You supervise the job performance of others
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Humanitarian work Work that requires you to give unselfishly of your time to help others Give of yourself to make other feel better about themselves economically, physically or emotionally. Work that is frequently underpaid A lot of effort is expended but rewarding in other ways than pay
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Your future is up to you! You are the one who decides. What type of work is best for you? Which benefits are most important to you? Would you select a job/career based on their benefits and the type of work?
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