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Performance Standard

Performance Standard. MSCM8-2: Students will develop management skills that lead to academic and career success. Analyze the impact of stress and the importance of time and money management skills for academic, social, and career success. . Written by Barbara Mackessy. Oral Pre-test.

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Performance Standard

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  1. Performance Standard • MSCM8-2: Students will develop management skills that lead to academic and career success. • Analyze the impact of stress and the importance of time and money management skills for academic, social, and career success. Written by Barbara Mackessy

  2. Oral Pre-test • Why do people work? • What is the number reason why people across America work? • What are the four basic needs for survival? • How are people paid? • What are some advantages and disadvantages of being paid different ways?

  3. Vocabulary word wall Psychological Pay Economics Wants Income By the Job Tips Social Hourly Wage Salary Commission Needs

  4. Why do people work? Economics Social Psychological

  5. Economics = Money • Wants and Needs • Needs – what you need to survive = food, water, clothing and shelter • Wants – what you would like to have, the extras

  6. Social = Friends • To be with and interact with other people.

  7. Psychological = Peace of Mind • Why we do the things we do • I like… • I enjoy… • I feel better because… • I’m helping … • I’m contributing…

  8. Why do people work? The number one reason why people work across America is money.

  9. Now we know why we will work. How will we be paid?

  10. How are people paid? • Salary • Hourly wage • Commission • By the job • Tips • Or any combination of the above

  11. Salary • Fixed compensation paid on a regular basis for services. • An agreement to work for a period of time for a specific amount of money. • You may be required to sign a contract.

  12. Salary- Advantages • Exact amount guaranteed • Amount known • Flexible hours • Better benefits • Job title • Higher pay

  13. Salary - Disadvantages • Set pay check • Long hours • More stress • More leadership needed usually

  14. Assistant Principals Principals Teachers Assistant managers Managers CEO’s Administrators Governors President Ball players Executives Designers Engineers State and Federal employees Game Wardens Salary

  15. Hourly wages • Money paid for labor and services for the specific time you were at work.

  16. Hourly wages - Advantages • Paid overtime for extra • Paid for hours worked • Usually annual wage increases • Full time or part time work

  17. Hourly wages - Disadvantages • Paid for only the hours worked • No set pay check • Less benefits • May or may not have retirement plans • Lower wages • Easier to replace

  18. Loggers Maids Housekeepers Secretary Receptionist Retail sales Cashier Bank teller Security guard Carpenters Typist Clerks Lab technicians Recreation workers Dispatcher Inspectors Hourly Wages

  19. Commission • Paid a percent or a set amount for doing a service. • Paid a percent based on items sold. • Paid a percent based on money collected. • Set amount based on service provided.

  20. Commission - Advantages • You set your own work hours • You set your own pay, the more you work the more you make • Could make large amounts

  21. Commission - Disadvantage • Low hours equal low pay • No guarantee • No sales equal no pay

  22. Real estate brokers Real estate agents Business agents Agents Door to Door Sales Retail sales Wholesale sales Commission

  23. By the Job • A person is paid for the job that they completed.

  24. By the Job - Advantages • Jobs equal money • More jobs more money • Hard work equals more money

  25. By the Job - Disadvantages • No jobs equal no money • Have to recruit your own work • Not energetic less money • May not have any work • Bad weather less work

  26. Brick layers Carpenters Cabinet makers Concrete installers Paving Income tax prepares Beauticians Pilots Field trip drivers Coaches Actors, Actresses Singers Dentist Free lance photographer Truck driver By the Job

  27. Tips • Money left in addition to the basic charge for the service.

  28. Tips - Advantages • Extra money – may be in addition to your hourly wage • Good attitude could equal good pay • May make large amounts

  29. Tips - Disadvantages • May not get a tip • All people do not leave or believe in tips • Can’t depend on an amount • Not reliable

  30. Waiter, waitress Cooks Bartenders Agents Bus drivers Tour guides Taxi drivers Displayers Deliverer Hostesses Models Musicians Singers dancers Tips

  31. Let’s Review • Why do people work? • What is the number reason why people across America work? • What are the four basic needs for survival? • How are people paid? • What are some advantages and disadvantages of being paid different ways?

  32. Which one is best for you? • You must decide for yourself. • Along with the money you must take a look at the benefits the job/career provides.

  33. Fringe BenefitsThe extras in addition to your paycheck.

  34. What are fringe benefits? • Items in addition to the paycheck that are provided by the company. • This could add up to a lot of extra things they you wouldn’t have to pay for out of your check. • The fringe benefits could be enough for you to select one company’s position over another company’s position.

  35. Sick days Personal days Holidays with pay Vacation days Health insurance Dental insurance Life insurance Disability insurance Vision insurance 401, 403K plans Retirement plans Day care options Automobile provided Travel with mileage Food allowance Supplies and Equipment provided Flex time Birthday off with pay Early retirement Percentages off merchandise Benefits

  36. What are your values? • How will your values influence your job or career choices in the future?

  37. What type of Job Values do you need to consider? • Values are things that are important or worthwhile to you. • What do you want the company to do for you?

  38. Good Pay

  39. SecurityOffers steady employment

  40. Pleasant Surroundingclean, attractive, comfortable, indoors

  41. Outdoors locationwork outside regardless of weather

  42. Regular Work WeekMonday through Friday

  43. Flexible ScheduleNo specific work hours required

  44. Adequate ResourcesSufficient equipment and supplies

  45. Convenient LocationCan reach within reasonable time each day without added expense

  46. Free ParkingParking is provided close by site without a cost to you personally

  47. Congenial Co-workersCooperative, friendly and easy to get along with

  48. Competent Supervisor One who is fair and provides feedback

  49. Interesting work- • Work that appeals to you • Work that is not boring and that gives you the opportunity to do a variety of tasks.

  50. Routine work • Work that requires no complex skills. • You know what you have to do, and do it. • Usually involves doing the same task over and over again

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