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