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Unformatted text preview: Student Activities $ Lesson Two Making Money 04/09 name: date: assess your personal interests,
abilities and career goals.
based on your personal situation, answer the following questions:
1: What topics of study do or did you enjoy most in school?
2: What skills do you do well? What do you feel to be your most distinguishing skill or area
3: What are your interests away from school or work?
4: Describe a situation in which you helped organize the work of others.
5: Describe a situation in which you worked with a team to achieve a goal.
6: Describe the kind of job you might like.
based on your answers to the above items, describe two or three jobs that meet your
A. B. C. www.practicalmoneyskills.com making money student activity 2-1 name: date: evaluating the current
Select two career areas that interest you. Using library information, the internet, and interviews with others, obtain answers to the following questions: career 1 career 2 1. hat are the general activities
and duties of this job? 2. hat are the physical
surroundings, work hours,
and mental and physical
demands of this type of work? 3. hat training and educational
background is needed for this
area of employment? 4. ill these career areas be in
demand in the future? 5. hat are the starting
and advanced salaries for
this industry? 6. hat makes these careers
attractive to you? www.practicalmoneyskills.com making money student activity 2-2 name: date: creating a resume
A resume is a personal data sheet commonly used to apply for a job. It lists your skills and
experience so that future employers can see what you have already done and whether your
experience meets the job’s requirements. Fill out the following categories to assist you in preparing
your resume. education
degree/programs completed, school, location, areas of study, dates work experience
title, organization, dates, responsibilities other experience (volunteer work, school, and community activities)
title, organization, dates, responsibilities honors/awards
title, organization, dates www.practicalmoneyskills.com making money student activity 2-3 name: date: read and interpret pay stubs
Answer the following questions using the pay stubs on the following pages:
1. hat is the name of Jane Brown’s employer?
2. ow much did Jane earn before taxes?
3. hat is Jane's hourly wage?
4. ist Jane’s deductions.
5. hat pay period does Peter Smith’s check cover?
6. ow much federal income tax has been taken out of Peter’s check so far during 1999?
7. ow much did Peter contribute to a retirement plan from this paycheck?
8. ow much is Peter’s take-home pay?
9. here does Mary Stone work?
10. ow much is Mary’s salary?
11. ow much money was deducted from Mary’s paycheck?
12. ow much has Mary been paid in total during 1999?
H www.practicalmoneyskills.com making money student activity 2-4a read and interpret pay stubs
HAMBURGER PALACE ENTERPRISES, INC.
NAME JANE BROWN PAYROLL ENDING 3/14/09 CHECK NO.
9343 EMPLOYEE NO. L4325 EARNINGS
TAXES WITHHELD OTHER DEDUCTIONS Amount Tax Current YTD 20 120.00 Fed Income Tax 12.72 174.90 Social Sec 7.44 102.30 Medicare Regular Hrs. 1.74 23.93 3.60 49.50 State Income Tax
CURRENT EMPLOYEE PETER SMITH
PAY PERIOD 8/06/09 TO 8/12/09 8/12/09
PAY DATE 8/15/09
CHECK NO. 3259
NET PAY $182.41 EARNINGS
YTD 7.00 1650.00 THE BANANA BREADBOX Overtime MEALS Amount 120.00 YTD Regular Description TAXES WITHHELD OTHER DEDUCTIONS Hrs. Amount Tax Current YTD 40 140.00 Fed Income Tax 35.28 429.84 401(K) 30.00 6 54.00 Social Sec 18.23 222.08 HEALTH 15.00 194.00 Medicare 4.26 51.94 State Income Tax 8.82 107.46 3582.00 www.practicalmoneyskills.com making money Description Amount student activity 2-4b read and interpret pay stubs (continued) DANCE-O-RAMA EMPLOYEE Mary Stone
EMPLOYEE # A5926
PAY PERIOD 7/01/09 TO 7/15/09
PAY DATE 7/14/09 7/01/09 TO 7/15/09
CHECK NO. 3691215
NET PAY $349.21
Regular Hrs. TAXES WITHHELD
Amount Tax Current YTD 448.00 Fed Income Tax 49.95 385.62 Social Sec 27.79 361.09 Medicare 6.50 84.45 14.56 182.28 Salary
YTD OTHER DEDUCTIONS 448.00
5824.00 State Income Tax www.practicalmoneyskills.com making money Description Amount student activity 2-4c name: date: lesson two quiz: making money
The career planning process starts with assessing your personal interests, abilities,
and goals. 2. Interviewing is the final phase of the career planning process. 3. Travel costs to work are considered to be “hidden” job costs. 4. Worker’s compensation is a common employee benefit received by most workers. 5. Gross pay results from deducting various deductions from your earnings. multiple choice
The first phase of the career
planning process is to: A. dentify specific job
opportunities. B. nterview for available
positions. C. ssess personal interests
and abilities. D. pply for employment
After applying for an available
position, the next step usually
involves: A. nterviewing.
i B. btaining training for
necessary skills. C. omparing employee benefits.
c D. reparing a personal data
sheet (resume). 8. A
hidden cost of a job might involve: A. gross pay. B. niform fees.
u C. mployee discounts.
e D. etirement benefits.
Which of the following employee
benefits would a working parent find
most useful? A. stock options B. ax deferred retirement plan
t C. ocial Security benefits
S D. arental leave
p 10. common deduction on a person’s
pay stub would be: A. gross pay. B. nemployment tax.
u C. ederal income tax.
f D. xcise tax.
Sue Smith has worked for nine years in retail sales. She is considering going back to school to
change career fields. What factors should be considered before making this decision? www.practicalmoneyskills.com making money quiz 2-5 ...
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This note was uploaded on 04/19/2011 for the course BUS 114 taught by Professor Pitts during the Spring '10 term at Grand Valley State University.
- Spring '10