your career: doing what matters most. relationship of career and earning power

Your Career:Your Career: Doing What Matters MostDoing What Matters Most

Relationship of Career and Earning PowerRelationship of Career and Earning Power

Reasons whyReasons whyEmployees Are RewardedEmployees Are Rewarded• They add value with their ideas.They add value with their ideas.

• They learn new skills.They learn new skills.

• They help the business grow.They help the business grow.

• They take on additional They take on additional responsibility.responsibility.

• Can you think of others?Can you think of others?

The Opportunity Cost of WorkingThe Opportunity Cost of Working

• Take an evening shift job

• Decide to stay in current position…

• Going to college and starting work later on

• Give up time with family and friends

• Instead of relocating to take a better job

• And getting a better-paying job as a result

Key Employee SkillsKey Employee SkillsBasic SkillsBasic Skills

InterpersonalInterpersonalSkillsSkills

Information ManagementInformation ManagementSkillsSkills

SystemsSystemsSkillsSkills

Technology SkillsTechnology Skills

Thinking SkillsThinking Skills

Personal SkillsPersonal SkillsResource ManagementResource Management

SkillsSkills

Start Start HereHere

Basic SkillsBasic SkillsBasic SkillsBasic Skills

Interpersonal SkillsInterpersonal Skills

Information Information Management SkillsManagement Skills

Organizational SkillsOrganizational Skills



Personal SkillsPersonal Skills

Resource Resource Management SkillsManagement Skills

MenuMenu

Able to read, Able to read, write, perform write, perform

basic math basic math computations; computations;

listens well; listens well; speaks clearlyspeaks clearly

Key Employee SkillsKey Employee Skills

Personal SkillsPersonal SkillsGoal driven, Goal driven,

positive self image, positive self image, sociable, realistic sociable, realistic self-assessment, self-assessment, demonstrates demonstrates

honestyhonesty

Basic SkillsBasic Skills








MenuMenu


InterpersonalInterpersonal SkillsTeam player, able to Team player, able to teach and lead other teach and lead other

employees with employees with diverse backgrounds, diverse backgrounds,

meets customer meets customer expectations, expectations,

negotiates wellnegotiates well









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Organizational SkillsOrganizational SkillsWorks well in an Works well in an organization, can organization, can

monitor and correct monitor and correct performance, suggests performance, suggests improvements to the improvements to the

organizationorganization









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Thinking SkillsThinking SkillsCreates new ideas, Creates new ideas, makes decisions, makes decisions, solves problems, solves problems,

organizes organizes information, learns information, learns

efficiently, can reason efficiently, can reason things outthings out









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Makes good use of time, Makes good use of time, money, materials, and money, materials, and employee resources. employee resources.

Thinks of more efficient Thinks of more efficient ways of doing thingsways of doing things









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InformationInformation Management SkillsManagement Skills

Acquires, assimilates, Acquires, assimilates, and organizes and organizes

information; has solid information; has solid analytical and analytical and

problem-solving skillsproblem-solving skills









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Technology SkillsTechnology SkillsSolid skills in various Solid skills in various

electronic media electronic media (computers), can operate (computers), can operate

various types of various types of equipment with ease, can equipment with ease, can

maintain and repair maintain and repair equipmentequipment









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The Career PathwayThe Career PathwayInternship / PT Job in Related FieldInternship / PT Job in Related Field

Receive Formal Education/Training

Take First JobTake First Job

On-the-job training

School at NightSchool at Night

PromotionPromotion

Go back to School to Study Go back to School to Study More in Chosen FieldMore in Chosen Field

Take new, better job

Explore Career in HS YearsExplore Career in HS Years

Promote to Higher-paying Position

Take Next Job at Higher Pay

Education and ExperienceEducation and Experience

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

1 2 3 4 5 6 7 8Some high school, no

degree

High school diploma, or equivalent

Associate Degree

Professional Degree

Doctoral Degree

Master’s Degree

Bachelor’s Degree

Some college, no

degree

Mil

lion

s of

200

6 d

olla

rsM

illi

ons

of 2

006

dol

lars

Worklife earnings estimates by highest level of educational attainmentWorklife earnings estimates by highest level of educational attainment

Source, US Census Bureau, current population Source, US Census Bureau, current population survey, educational attainment in the US. 2005survey, educational attainment in the US. 2005

11.2

1.51.6

2.5

2.1

3.4

4.4

Ranking Order of Key Employee SkillsRanking Order of Key Employee Skills

11

55

99

1010

66

22

77

1212

1111

88

44

1313

33

Click Here Click Here to Find Out to Find Out

What What Employers Employers

WantWant

Source: Job Outlook 2006, Source: Job Outlook 2006, National Association of National Association of Colleges and EmployersColleges and Employers

Average College CostsAverage College CostsSample Average Undergraduate Costs, 2005-06Sample Average Undergraduate Costs, 2005-06

Four Year Public Institutions:Four Year Public Institutions:

Four Year Private Institutions:Four Year Private Institutions:

Resident . . . . . . . . . . . . . . . . . . . . . . . . . .Resident . . . . . . . . . . . . . . . . . . . . . . . . . .

Out-of-State . . . . . . . . . . . . . . . . . . . . . . .Out-of-State . . . . . . . . . . . . . . . . . . . . . . .

Resident . . . . . . . . . . . . . . . . . . . . . . . . . Resident . . . . . . . . . . . . . . . . . . . . . . . . .

$16,357$16,357

$26,304$26,304

$33,301$33,301

Source: College Board’s Trends in College Pricing, 2006Source: College Board’s Trends in College Pricing, 2006

Ed

uca

tion

Ed

uca

tion

Earn

ings

Earn

ings

Bureau of Labor Bureau of Labor Statistics, 2006Statistics, 2006

How Much is Class WorthHow Much is Class Worth??

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

1 2 3 4 5 6 7 8Some high Some high school, no school, no

degreedegree

High school High school diploma, or diploma, or equivalentequivalent

Associate Associate DegreeDegree

Professional Professional DegreeDegree

Doctoral Doctoral DegreeDegree

Master’s Master’s DegreeDegree

Bachelor’s Bachelor’s DegreeDegree

Some Some college, no college, no

degreedegree

Mil

lion

s of

200

6 do

llar

sM

illi

ons

of 2

006

doll

ars

Worklife earnings estimates by highest level of educational attainmentWorklife earnings estimates by highest level of educational attainment

Source, US Census Bureau, current population survey, educational attainment in the US. 2005Source, US Census Bureau, current population survey, educational attainment in the US. 2005

11.2

1.51.6

2.5

2.1

3.4

4.4

Typical Employee BenefitsTypical Employee Benefits• Hospitalization, Medical, and Hospitalization, Medical, and

Disability InsuranceDisability Insurance

• Dental and Vision InsuranceDental and Vision Insurance

• Accidental Death InsuranceAccidental Death Insurance

• Sick LeaveSick Leave

• Paid Vacation Time and Paid Vacation Time and HolidaysHolidays

• Parental LeaveParental LeaveMoreMore

Typical Employee BenefitsTypical Employee Benefits• Worker’s Compensation InsuranceWorker’s Compensation Insurance

• Life InsuranceLife Insurance

• Retirement BenefitsRetirement Benefits

• Retirement Savings PlansRetirement Savings Plans

• Employee Assistance ProgramsEmployee Assistance Programs

Factors that Can Affect Your Earning PotentialFactors that Can Affect Your Earning Potential

Business Down-turnBusiness Down-turn

Being Laid OffBeing Laid Off

Life-Changing SituationsLife-Changing Situations

Changing CareersChanging Careers

PromotionsPromotions

RelocationRelocation

Business Up-turnBusiness Up-turn

Additional TrainingAdditional Training

What other factors can you think ofWhat other factors can you think of??

A New JobA New Job

Being FiredBeing Fired

Advanced DegreesAdvanced Degrees

Your Career: Your Career: Doing What Matters MostDoing What Matters Most

Questions???Questions???

your career: doing what matters most. relationship of career and earning power

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