Glencoe Business And Personal Finance Teacher's Edition – 0 Bill Carr Why Choosing the Right Career Will Help You Find Satisfaction and Security? Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
What you will learn Step 2.1 Identify the issues you need to consider in choosing and planning your career. Explain the impact of education and training on career development. Talk about things that affect work. Section 2.2 Describe effective recruitment strategies. Identify sources of employment. Understand the financial and legal issues to consider when looking for a job. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Glencoe Business And Personal Finance Teacher's Edition
3 Career Planning Problems: Career planning is for people who don’t know what they want. I already know that I am looking for a high paying job. So why should I consider career planning? Answer: Money is the only reason to work. You have to think about many other things. Career planning examines your values, goals and interests, as a basis for career decisions. Because you may spend the rest of your life thinking about the old adage, “Choose a job you love, money will follow.” Go to finance07.glencoe.com to complete basic financial transactions. 2 Business and Personal Finance 1 Part 2 © Glencoe / McGraw-Hill Business and Personal Finance 1 Part 2 © Glencoe / McGraw-Hill
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Key Points Choosing and preparing for the right career will help you find personal and financial fulfillment. Why will choosing the right career help you find satisfaction and security? 3 Business and Personal Finance Chapter 1 Chapter 2 © Glencoe/McGraw-Hill Business and Personal Finance 1 Chapter 2
A job you do mainly to make money A job is a commitment to work in an area that you find interesting and rewarding Choosing a job Some people find satisfaction in their work while others work just to make money. You can decide whether to: Get a job to earn money. Preparation for work. Making sure your career meets your personal and financial goals requires planning. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Career Decisions Business – Will Influence Your Career Choice: How Much Money You Make and How Much Time You Have Business and Personal Assets Chapter 1 © 2 Glencoe/McGraw-Hill
Social Level Standard of living based on the amount of goods and services people can buy Choosing a job People make decisions about jobs based on their preferences: just to maintain their social life and pay for work prefers to pursue a career that gives him money and personal fulfillment Chooses a career that reflects his interests, values, and goals Business and Personal Finance Chapter 2 © Glencoe/McGraw-Hill
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A trend indicates a change in a level. Recent trends show that some people are making career decisions that allow them to: Spend more time with their families to enjoy their hobbies and interests Use as much of their business as possible your interests, values, needs and goals The more you know, the better. You can choose a career that provides a balance between your personal satisfaction and financial rewards. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Potential Power for Profits The money you earn from further education, professional training and skill development will help you: increase your power. Increase your goals. Increase your chances of winning. Your level of education affects your salary. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Performance Check You will be an asset to any employer if you: Work well with others Be proactive Be innovative when solving problems Communicate effectively Get along with yourself and others These key qualities and skills increases your chances of success in most work situations. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Abilities A standard personality test helps you find out what you are most interested in. Personality You can take a special test to find out more about: Interests Skills Personality tests – also called aptitude tests -make and interesting list – can help you choose a job. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
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Career planning process Before making a career decision, you should consider your current situation. Your progress will depend on: your luck taking the options available in your work to talk to people who can help you plan your work. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
14 Search for a job on Google and find a job site (monster.com or really.com) Location: City you want to live Find a job you want Jobs, salary, job training Write what you need, and what you want to do. Write if you are applying for this job, why or why not? Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
External factors and opportunities Before you start looking for a job, you should consider: Social factors Economic factors Trends These factors affect the labor market and opportunities available. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Impact on your career When considering your career options, you should focus on: Your skills Your training Your social experience Social economy The industry You can’t control things ” “You’re big,” but you can make your own decisions. . According to the practical effect. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
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Demographic trends by age, gender, race, education, or income change over time. Demographic trends can affect your career. Here are some examples of how demographics affect the labor market: Parents working more More vacation time Older people in the general population Demanding more the long-term career training Personal Business and Finance Chapter 2 © Glencoe/McGraw-Hill
Geographic Trends People Move When Institutions Relocate Over the years, geographic trends have shown that some of the fastest growing job markets are: Florida Nevada Arizona Arkansas New Jersey California what you’re looking for job. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Economic Factors As the labor market changes as the economy changes, the demand for certain types of work changes. Some of the economic factors that can reduce employment opportunities include: Higher interest rates Decreased demand for certain goods and services Knowing current economic trends will help you choose a career that will help you achieve your financial goals. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
Answers may include questions that can help you better understand jobs and wages 18 Business and Personal Finance Part 1 © 2
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Service industries Businesses that provide financial services, provide jobs for the coming years.Industry and technology trends Changes in industry and technology also affect the labor market. While opportunities have decreased in some sectors of the economy – such as manufacturing – opportunities have increased in other sectors – such as the service industry. Here are some examples of service industries: Information technology or telecommunications Health care Hospitality services Financial services Financial services Personal financial and financial services Chapter 2 © Glencoe/McGraw-Hill
The point is to learn practical strategies to help you find a job or career that fits your personal and financial goals. What are some strategies you find useful in gaining work experience? 20 Business and Personal Finance 1 Part 2 © Glencoe / McGraw-Hill Business and Personal Finance 1 Part 2 © Glencoe / McGraw-Hill
Job Search Strategies When applying for a job, your success rate will depend on: How well you communicate the value of your existing experience How you use proven job search strategies with your personal finance department Part 2 © Glencoe/ McGraw-Hill
Gaining work experience When you enter the world of work, you worry that you don’t have enough experience. You can consider the benefits of any type of work-related training, including: Part-time work Volunteering Co-op training and education In-class projects or after-school activities Money commercial and personal Chapter 1 © Glencoe/McGraw-Hill
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Types of Work-Related Training When you volunteer at places like nonprofit organizations and government agencies, you can: learn new skills develop good work habits build professional relationships work as a the “temps” to gain experience. A special place. Business and Personal Finance 1 Part 2 © Glencoe/McGraw-Hill
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