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Career: Labor You Love. Personal Finance Mrs. Dayley. “You can consciously begin now to choose the career you want.”. Questions to Answer. How does the career you choose affect your income? What employee characteristics are important to an employer?
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Career:Labor You Love Personal Finance Mrs. Dayley
“You can consciously begin now to choose the career you want.”
Questions to Answer • How does the career you choose affect your income? • What employee characteristics are important to an employer? • How do education and training affect your salary? • What is an entrepreneur? • What are employee benefits?
Career vs Job On a separate sheet of paper, list the characteristics of a career and the characteristics of a job.
Personal Skills Basic Skills Thinking Skills Resource Management See Figure 2.1 Interpersonal Page 17 NEFE Student Guide Information Management Technology Systems
Employers want employees who: • Are dependable • Work well with others • Are good problem solvers • Deliver high quality work • Have high productivity • Conduct increasingly complex and unique activities • Have great attitudes
Assignment 2.1 Go back to Figure 2.1 page 17 and rate your skills from 1 to 5 (5 being the highest). Page 18 NEFE Student Guide
“You can always makemore money, but you can’t makemore time.”Read section under Making Money – page 18 Student Guide
Education • The level of formal knowledge and training you have attained. • General rule – the more education you have, the higher your income.
Education & Earnings Annual Household Earnings
Entrepreneurship • Entrepreneur • A person who creates a business from scratch. • Self employed • Strong sense of discipline • Be your own boss • Beat the competition
Becoming An Entrepreneur • See an opportunity • Take the initiative • Develop plans • Assignment 2.2 • Page 22 Student Guide
What Employees Want • Employee benefits – • The additional benefits offered by employers • Paid vacation • Paid sick leave • Health plan • Retirement plan • Tuition reimbursement
Cost of Living • Cost of Living – • Includes items like rent or home costs, transportation, insurance, utilities like natural gas and electricity and food.
Action Steps“It’s Your Life” Page 26 Student Guide