Chapter 1 Choosing Your Career 1 1 Jobs

Chapter 1 Choosing Your Career 1. 1 Jobs and Careers 1. 2 Coping with Change and Reinventing Yourself © 2010 South-Western, Cengage Learning

Lesson 1. 1 Jobs and Careers GOALS n Discuss career and job trends, and describe sources of job information. n Complete a job analysis, listing positive and negative features of potential career choices. Chapter 1 © 2010 South-Western, Cengage Learning 2

Careers of the Future n Major occupational groups n Job titles and descriptions n Dictionary of Occupational Titles (DOT) n Occupational Outlook Handbook (OOH) n Monthly Labor Review Chapter 1 © 2010 South-Western, Cengage Learning 3

OOH Job Description Categories n Management n Professional n Service n Sales n Administrative n Farming n Construction n Installation n Production n Transportation n Armed Forces Chapter 1 © 2010 South-Western, Cengage Learning 4

Job Analysis n A job analysis is an evaluation of the positive and negative attributes of a given type of work. n A job analysis can help you identify types of work that would be a good fit for you. Chapter 1 © 2010 South-Western, Cengage Learning 5

Job Analysis Form Title and salary Skills, education, and experience Positive features Negative features Chapter 1 © 2010 South-Western, Cengage Learning 6

Positive Features of Employment n Salary is the amount of monthly or annual pay that you will earn for your labor. n Benefits are company-provided supplements to salary, such as sick pay, vacation time, profit -sharing plans, and health insurance. n Opportunity for promotion is the ability to advance to positions of greater responsibility and higher pay. Chapter 1 © 2010 South-Western, Cengage Learning 7

Negative Features of Employment n Employee expenses include any costs of working paid by the employee that are not reimbursed by the employer. n Examples include the costs of parking and transportation, such as gasoline or bus fare. n The cost of these expenses can make a job less attractive. n Work characteristics are the daily activities of the job and the environment in which they must be performed. n Examples include working indoors versus outdoors, working alone versus working on a team, and having a high or low degree of stress. n Some work characteristics can make a job less attractive to some workers. Chapter 1 © 2010 South-Western, Cengage Learning 8

Entrepreneurship n An entrepreneur is someone who organizes, manages, and assumes the ownership risks of a new business. n Opportunities for business ownership n Continue a family business n Purchase an existing business or franchise n Start a new business from scratch Chapter 1 © 2010 South-Western, Cengage Learning 9

Advantages of Owning Your Own Business n Make the decisions n Be your own boss n Feel in control of your own future n Keep the profits Chapter 1 © 2010 South-Western, Cengage Learning 10

Disadvantages of Owning Your Own Business n Large investment of planning and money n High risk of failure n Statistics show that most new small businesses do not succeed. n Two most common reasons for failure: n. Lack of financing n. Lack of skills Chapter 1 © 2010 South-Western, Cengage Learning 11

Lesson 1. 2 Coping with Change and Reinventing Yourself n Explain techniques for coping with change and reinventing yourself. n Discuss the need for job networking for long-term career success. Chapter 1 © 2010 South-Western, Cengage Learning 12

Coping with Change n Stay informed n Be a lifelong learner—someone who actively seeks new knowledge, skills, and experiences that will add to professional and personal growth throughout life. n Take classes n Upgrading—advancing to a higher level of skill to increase your usefulness to an employer. n Retraining—learning new and different skills so that an employee can retain the same level of employability. n Advanced degrees—specialized, intensive programs (taken after obtaining the first college degree) that prepare students for higher-level work responsibilities with more challenges and higher pay. Chapter 1 © 2010 South-Western, Cengage Learning 13

Complete a Self-Assessment n Think about what you like doing, what you do well, and what skills and knowledge you want to enhance. n Self-assessment inventory lists your strong and weak points along with plans for improvement as you prepare for a career. Chapter 1 © 2010 South-Western, Cengage Learning 14

Self-Assessment Inventory Strengths Weaknesses Plan of Action Education Experience Aptitudes and Abilities Appearance Chapter 1 © 2010 South-Western, Cengage Learning 15

Placement Centers n Many schools, colleges, and technical training institutes have placement centers that offer services related to careers and employment. n Services offered n Assisting with self-assessment inventories n Advice and counseling to help you determine a career direction n Vocational, interest, and personal testing n Notification of job openings and assistance with applying and interviewing Chapter 1 © 2010 South-Western, Cengage Learning 16

Changing Career Opportunities n Long-term sustainability n A world economy n Networking n Networks are informal groups of people with common interests who interact for mutual assistance. n Networking includes making phone calls, sharing lunch, and creating opportunities to share ideas with your group of acquaintances. Chapter 1 © 2010 South-Western, Cengage Learning 17