Day 80

Lesson Objectives

• Understand the value of entry-level jobs.
• Identify valuable work attributes outside of your general skill set.

Assignment 11.3.1

1. Watch Video 3.1
2. 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) .
3. Discussion Questions:
   1. What are some valuable attributes you can acquire from your pre-career jobs?
   2. 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?

Assignment 11.3.2

1. 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. 
2. 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).
3. 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).

Assignment 11.3.3

1. In your Personal Finance Journal-C11 file in your Chapter 11 folder, complete the next row in the table by answering the question listed.