JOBS Essays (518 words) - Employment Compensation, Demography

JOBS Using the website www.GlassDoor.com, choose 3 entry-level jobs you plan to have after you graduate college. If your job is a salaried position, take the annual salary and divide it by 52. Write that number here _____________$432____________ this is your weekly salary Divide that number by 40 (hours per week), write it here __________$10.80_________. This is your hourly wage. Option 1Option 2Option 3 OccupationAircraft Maintenance Engineer I.e. Boeing UPS Package handler Fixed Base Operations (FBO) Taxes Taken out Take your weekly salary above and multiply by 2: _________$864__________ This is your bi-weekly pay Multiply this number by .2: ___________$172.8__________ Subtract this number from your bi-weekly salary __________$691.2___________ this is the amount you are actually bringing home every two weeks Bi-weekly salary before taxes $1,048$872.80$1,200 Bi-weekly salary after taxes $838.4$698.24$960 HOME You may rent an apartment for this activity- no living at home. Be certain your choice fits your family size and the cost is below your maximum budget guideline for housing. Also, remember the size of your rental choice will affect the cost of electricity and water. No housing situation includes the cost of cell phone or cable TV. Regardless of your housing situation you must pay your own phone and cable bills. Keep in mind you can have one or two roommates. If you have roommates, you must have a separate bedroom for each person living with you. Go to www.rent.com or www.zillow.com and fill in the chart below for 3 apartments Option 1Option 2Option 3 NamePlanters Walk Southwest VillasThe Vintage At Plantation Bay Location7350 Blanding Boulevard, Jacksonville FL 322445565 Connie Jean Road, Jacksonville FL 322227740 Plantation Bay Drive, Jacksonville FL 32244 Total Square Footage 1210sqft700sqft1216sqft Monthly Cost of rental (if you have a roommate, divide by 2, if you have 2 roommates, divide by 3)$303.33$235416.66 Electricity (use sheet for reference)$107$107$107 Cell Phone (go to a service provider to see how much one cellphone line would be) $32$50$50 Internet/Cable (go to a service provider to see how much one cellphone line would be)$35$45$45 EXTRAS Movies$12$12$12 Going out to eat$30$30$35 Groceries$75$75$75 Buying clothes$25$30$35 Other (list) TOTAL MONTHLY LIVING COST$619$477775.66 TRANSPORTATION Everyone must own a new or used car for this practice simulation. Use the internet to locate 3 potential new or used cars. Go to www.kbb.com. You cannot use Craigslist or your friend who is selling a car or an existing car you already have. When selecting your car, be realistic. Match the car to your life situation. To keep maintenance costs low, purchase the newest car you can afford. Option 1Option 2Option 3 Year of car200720102011 Make of carToyotaFordMitsubishi Model of car4Runner SR5Escape 2WD XLTLancer ES Purchase price11,988$9,000$9,988 Current Mileage109,321104,63362,849 Monthly Payment$229.15$172.46$190.92 TOTAL MONTHLY CAR COST$376.47$282.31$260.54 Which apartment should you choose, based on your expenses and your life situation? Planters Walk-7350 Blanding Boulevard, Jacksonville FL 32244 Which car should you purchase, based on your expenses and your life situation? Ford Escape 2WD XLT Based on your situation what was the most challenging aspect of budgeting your monthly income? Figuring out how much money I should be spending a month and not go bankrupt.