(Adapted from "Practical Money Skills for Life")

Take the lesson 2 quiz from this information:                      

THE CAREER PLANNING PROCESS

1.      Assess personal situation

2.      Evaluate employment market

3.      Identify job opportunities

4.      Apply for position

5.      Interview for position

6.      Obtain additional training

IDENTIFYING AND APPLYING FOR EMPLOYMENT POSITIONS

1.      Advertisements

2.      Personal contacts

3.      Business organizations

4.      The Internet

THE INTERVIEW PROCESS

When preparing for a job interview, take the following actions:

1.      When researching an organization, obtain information on:

·        What are its main activities?

·        What types of jobs does it have?

·        What do the people who work there like about their employment situation?

2.      Practice your interviewing skills:

·        Write out answers to possible interview questions.

·        Have someone interview you.

3.      Prepare questions that you plan to ask:

·        What skills are needed for success in the organization?

·        What opportunities are available for continued learning?

THE HIDDEN COSTS OF A JOB

1.      Travel/Transportation

2.      Clothing

3.      Uniforms

4.      Special attire

5.      Food (lunches)

6.      Child or adult care

7.      Union dues

ADDING UP THE BENEFITS

1.      Health, dental, and eye care insurance

2.      Life insurance/disability insurance

3.      Retirement benefits

4.      Tax-deferred retirement plan

5.      Paid vacation

6.      Paid holidays

7.      Parental leave

8.      Stock purchase plan

9.      Employee assistance plans

10.  Employee fitness programs

11.  Employee discounts

READING A PAY STUB

1.      Pay period

2.      Gross pay

3.      Wage deductions

·        Federal income tax

·        FICA

·        Individual state income tax

·        Worker's compensation insurance

·        Other

4.      Net pay = Gross pay-deductions