INVEST IN YOURSELF Mr. Stasa WE City Schools EDMODO QUESTION What do you believe the meaning of the phrase, invest in yourself means? What do you think are different ways a person can invest in themselves? INVEST IN YOURSELF What does invest in yourself mean? Spending time to obtain the skills, experience, and education necessary to secure a successful and fulfilling career https://www.youtube.com/watch?v=iDrCXD3-sXI INVEST IN YOURSELF What are ways you can invest in yourself? Graduating from high school Obtaining post-secondary education Volunteering Participating in events Doing more than is necessary on the job https://www.youtube.com/watch?v=iDrCXD3-sXI WHATS THE DIFFERENCE? What is the difference between a job, occupation, and a career? WHAT IS A JOB? A job is a specific position in which a person is employed and paid. Examples: Chief of Surgery at Lake Hospitals Framing Carpenter at We-Build-It Construction Co. Lab Assistant at Drug Co. Pharmaceuticals High School Business Teacher at W-E City Schools OCCUPATION AND INDUSTRY An occupation is a wide category of jobs that have similar characteristics, such as types of skills or work responsibilities. Examples: Doctor Carpenter Biotechnologist Teacher JOB OR OCCUPATION? Teacher 8th grade teacher at Drumbo School Plumber Electrician Retail buyer for a toy store Avionics technician at UpAndAway Airlines Farmer Engineer Salesperson Mechanic for a tractor dealership A career is a commitment to work in a field you find interesting and fulfilling Examples: Education Construction Business Medical Advertising Financial MR. STASA: (EXAMPLE) Job: High School Business Teacher (9-12) Occupation: Teacher Career: Education BEING QUALIFIED What can someone do to gain the qualifications necessary to be successful in their chosen career? INTERNSHIP An internship is a position where a person receives temporary job training by experienced professionals, and is usually not paid. INTERNS GAINEMPLOYERS GAIN Job experienceFree Service COMMON TYPES OF INTERNSHIPS LEVELS OF EDUCATION What is the difference between secondary and post-secondary education? Secondary education is high school; teaching students to be good, well-rounded citizens. Post-secondary education is any schooling beyond high school; to gain the skills to be successful in a career. https://www.youtube.com/watch?v=nPhnxlVnte o Formal training with no degree Become a specialist in an area (certificate or non- certificate) Some college, no degree Official degree requirements are not completed Associates Degree Two-year degree although time varies Bachelors Degree Four-year degree although time varies POST-SECONDARY EDUCATION Prerequisite = high school diploma or passing of GED test PREREQUISITE = BACHELORS DEGREE Masters Degree Average of two or more years of study Doctorate Completion time varies but is an average of four or five years Having a Masters degree is a common requirement Professional Special type of advanced degree required by some occupations Time to complete varies POST-SECONDARY EDUCATION THE EFFECT EDUCATION HAS ON UNEMPLOYMENT AND EARNINGS 7.6% As of May % Jan 2015 WHERE CAN POST-SECONDARY EDUCATION OCCUR? Community colleges Technical/ vocational schools Colleges Universities Private institutions Academies WHERE CAN TRAINING OCCUR FOR EACH FORM OF POST-SECONDARY EDU? WHAT TYPES OF SKILLS ARE EMPLOYERS LOOKING FOR? HARD & SOFT SKILLS Hard skills are a specific skill set that is required for a job and require formal training. Hard skills include: Computer programming, accounting, nursing, finance, electrical, legal, etc. SOFT SKILLS Soft skills (people skills) are the personal attributes needed for success on the job and do NOT require formal training. Soft skills include: Attitude, communication, creative thinking, work ethic, teamwork, networking, problem solving, and critical thinking https://www.youtube.com/watch?v=IM3BXr-f7N0 Minimum Wage The lowest pay rate allowed by law for each hour worked. Federal Minimum Wage Set by Congress. Currently is at $7.25 per hour. State Minimum Wage: Ohio is currently at $8.10 per hour. It is adjusted on Jan 1 st of each year for inflation. MINIMUM WAGE PAY FREQUENCY A person paid weekly receives a paycheck once a week, or 52 paychecks per year. A person paid biweekly receives a paycheck every other week, or 26 times a year. A person paid semi-monthly receives a paycheck twice a month, or 24 times a year. A person paid monthly receives a paycheck one per month, or 12 times a year. VOCABULARY Regular hours are the number of hours an employee is required to work each week. Full time is 40 hours (in most cases) Part-time is under 40 hours (in most cases) Overtime Hourly Rate the amount paid for work beyond 40 hours in a week. Hourly rate is multiplied by 1.5 (AKA time-and-a- half) Example: $8.00/hour in overtime = $12.00/hour