Week One Term 4

Who earns what?
Discussion Points.
Once the worksheet is completed discuss income and how it is affected by job choice. Discussion points should include:
• Different jobs have different incomes.

• What the effect of higher or specialised education is on earning capacity and why this might be.
Reasons may include:
ͳ People with higher or specialised education may have skills which are more valuable to employers, and which employers are willing to pay more money for.
ͳ There are fewer people with higher or specialised education, so they may be in high demand from employers, prompting employers to offer more money for their services.
ͳ People with higher or specialised education may be qualified for more jobs, allowing them to choose jobs with higher possible income.

• Whether earning an income is the only reason that people work.

Students should consider other ways that jobs can contribute to wellbeing including:
ͳ Being enjoyable.
ͳ Having flexible hours to allow time for other commitments/hobbies while still providing money to meet basic needs.
ͳ Being involved in supporting communities.

• What steps students can take to maximise their earning capacity regardless of what job they have.