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Earning Power: More Than a Paycheck

Lesson 3-2 Job Benefits and Costs

When you have choices about job offers, you will want to weigh the benefits of each option with what you are willing to give up. All of this will help you assess job choices to make decisions that match your work preferences and financial plan.

What You’ll LearnMeasure the value of employee benefits.

Taking it Home

  • Talk to an adult about any company benefits he or she may have. Ask if this person had a choice over any of the benefits and, if so, what influenced his or her final decisions about the job and benefits.
  • What employee benefits are particularly important to you now? When you are living on your own, what additional benefits will you want when considering future jobs?

Learn More

  • Pick the company for which you were able to find the most benefits information and list out those benefits. Estimate the approximate worth of those benefits. Calculate the total worth of an entry-level job (salary plus benefits).
  • List at least three companies or organizations for which you would consider working. Go online and search for the companies’ websites (or interview a local employer) to learn about what employee benefits the company provides.

Related Resources

Talking Points for Parents

While your teen is learning about income and careers, consider ways to reinforce learning from home.

  • Talk to your teen about any company benefits you may have. Provide information about the choices you made regarding benefits and what influenced your final decisions about the job and benefits.