- Understand the value of entry-level jobs.
- Identify valuable work attributes outside of your general skill set.
- Explain the history and purpose of payroll taxes.
- Watch Video 5.1
- Record the missing words from pages 234-235 of the textbook as they pop up on the left side of the video screen by filling in this form. (pages 234-235) .
- Discussion Questions:
- What are some valuable attributes you can acquire from your pre-career jobs?
- What is the average income of college graduates who find a job in their degree field? What about for college graduates who don’t find a job in their field?
- Inside of your Employment Unit folder, create a new folder titled Lesson 5. All your tasks completed in Lesson 5 should be stored in this folder.
- Make a copy of this Google Document (Espanol), name it Payroll Taxes-(your initials), and move it into your lesson 5 folder.
- Watch this cartoon showcasing what the taxes were used for back when World War II was taking place.
- After watching the video, answer the questions listed in the document.
- Make a copy of this Google Document (Espanol), rename it Calculating Net Pay-(Your Initials), and move it into your Lesson 5 folder. Once you have completed it, use this audit to check your work.
- Make a copy of this Google Document (Espanol), rename it Calculating Time-(Your Initials), and move it into your Lesson 5 folder. Calculate how many hours someone works by completing the document. (If you need a refresher on these skills, go here). Once you have completed the document, use this audit to check your work.
- Review the following terms:
- Employee on-boarding: The process by which new employees complete necessary tax and employment verification documents; during this process, employees are also familiarized with company policies, culture and procedures
- FormW-4(Employee’sWithholdingAllowanceCertificate):A federal tax form filled out by an employee to indicate the amount that should be withheld from his/her paycheck for taxes.
- Tax exemptions: Amount that a taxpayer who meets certain criteria can subtract from a taxable income.
- Personal allowances worksheet: This worksheet (located at the top of your W-4) allows you to further adjust your withholding allowances based on itemized deductions, certain credits, adjustments to income, or two-earners/ multiple-jobs situations.
- Form I-9 (Employment Eligibility Verification): The purpose of this form is to verify the identity and employment authorization of individuals hired in the United States. This includes both citizens and non-citizens.
- Make a copy of this Google Sheet, name it W-4-(Your Initials), and move it into your Lesson 5 folder. Provide your own information that is asked of you by filling in the grey boxes. For information like your Social Security number, use 123-45-6789.