- Understand the value of entry-level jobs.
- Identify valuable work attributes outside of your general skill set.
- Watch Video 3.1
- 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 college graduates who don’t find a job in their field?
- 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.
- Access and digitally complete W-4 and I-9 forms for yourself. When you are finished, download a copy of your completed forms and place them in your Chapter 11 folder. Name the W-4 file W-4-(Your Initials) and the I-9 file I-9-(Your Initials).
- After you have completed each of the forms and downloaded a copy into your Chapter 11 folder, obtain your assigned partner from your instructor. With your partner, develop a set of instructions for completing the W-4 and I-9 forms. Write the instructions in “plain English” versus official federal government “speak.” Record this information in a new document titled Plain English-(Your Initials).
- In your Personal Finance Journal-C11 file in your Chapter 11 folder, complete the next row in the table by answering the question listed.