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DO SOMETHING YOU ARE PASSIONATE ABOUT
Devote much of your time to
your career & becomes a part of
your identity
How much time do you really
spend at work? 40 hours*52 weeks *40 Years = 83,200 hours
83,200/24 ≈ 3,467 Days
3467/365 ≈ 9 ½ Years
More motivation
SALARY/COMMISSION/HOURLY WAGE
How much does your career path pay?
Salary Annual wage Can have variable or self managed work hours
Commission Paid per project or by performance Less reliable & stable income
Hourly Wage Paid by the hour Possibility for overtime
INSURANCE BENEFITS
Health Insurance Better plans possible through job vs
individual insurance Employer can pay partial or entire
insurance premium
Life Insurance Employer can pay partial or entire
insurance premium
THINGS TO CONSIDER ABOUT WORK SCHEDULE
Work time vs Free time Amount of work ? Is the pay worth the amount of work?
1st, 2nd, or 3rd shift When time of day do you prefer to work?
Steady vs variable work hours Is work reliable? How does work hours fit with other obligations
Paid time off & Sick Days
ADVANCEMENT OPPORTUNITIES
Promotions New job title Expansion of resume Bonus
Wage increases Based on performance or promised annual
increase? Other fringe benefits
LOCATION
Transportation time Commute time
Transportation costs Gas costs Parking costs Public transportation costs
Work from home
Cost of living How much do need to make
depending on where you live?
TAX ADVANTAGED SPENDING ACCOUNTS
Dependent Flex Spending Account Fees for licensed day care or adult care facilities. Amounts paid for services (including babysitters or nursery school) – provided in or outside of your
home – for the care of a qualified dependent necessary to allow you and your spouse to work, look for work, or attend school full-time.
Placement fees for a dependent care provider, such as an au pair. Summer day camp for children under age 13 qualifies if attendance allows you and your spouse to work,
look for work, or for your spouse to attend school full-time. Before and after school care programs for dependents under age 13. Payment to a relative (age 19 or older who is not your dependent) who cares for your qualified
dependent. Payment to a housekeeper whose duties also include dependent day care.
Health Flex Spending Account Periodic health evaluations, including tests and diagnostic procedures ordered in connection with routine
examinations, such as annual physicals Routine prenatal and well-child care Child and adult immunizations Tobacco cessation programs Obesity weight-loss programs Screening services. This includes screening services for the following: a. Cancer. b. Heart and vascular
diseases. c. Infectious diseases. d. Mental health conditions. e. Substance abuse. f. Metabolic, nutritional, and endocrine conditions. g. Musculoskeletal disorders. h. Obstetric and gynecological conditions. i. Pediatric conditions. j. Vision and hearing disorders
RETIREMENT BENEFITS
How much must you earn to re
tire at a certain age?
Employer Retirement Accounts
401(k)/403(b)
Defined Contribution Vs Defined
Benefit
Other retirement accounts