Although summer is almost over, you can always plan for your summer job next year or make the last one to two months count! There are a few things to consider before deciding what job to get such as: where to look, how to fill out an application, what employment laws to know, and how to save the money you make. And last but not least, let’s try to avoid everything in this gif below. No to terrible jobs and yes to saving some money!
LOOKING FOR POSITIONS
How many hours do you spend on Instagram and Facebook during the long summer days? Once your newsfeeds and IG feeds get boring, take some time to find a summer job to start making some money! At GenW, we asked our team for suggestions on where to go for the best job search. Although many named online sites like LinkedIn, Indeed, and the Muse, many more suggested calling the place first to check-in on the status of a role and then going in person to fill out an application! It’s a way to hopefully meet with the hiring manager and/or people you could be working with. If you don’t have a way to make it in person, make sure to narrow in on positions online to find roles that allow you to use the skills you have by taking a look at internships.
Internships? But aren’t those unpaid? Not necessarily! The US Department of Labor took note and decided on six standards that must be met for interns (Fastweb, 2017) to be unpaid so it’s unlikely that yours will be unpaid, but make sure to look into that before accepting it.
EMPLOYMENT LAWS TO CONSIDER
Once you land the internship and/or summer job of your dreams, there are a few employment laws to consider to make sure all your bases are covered. Technically there’s 11 employment laws to review and consider, which you can learn about in our Employment Law 101 video that we came out with recently, but there are a few I want to review with you now.
Fair Labor Standards Act of 1938 - 1:21 minutes into our Employment Law video
This law establishes minimum wage and overtime by state. There is a Federal minimum wage which serves as a base line and then every state has the right to establish its own higher minimum wage, but it can’t go below the federal standard. Minimum wage is usually established based on the standard of living in your area. Have you ever noticed that some cities are more expensive to live in that others? Well, that’s exactly what we are referring to. Check out this link to see what your state’s minimum wage is!
The second part of this law is overtime. Overtime pay is required for any additional hours worked over a standard work week, which is 40 hours in the US. Overtime pay must be at least 1.5 times an employee's regular pay.
Title VII, the Civil Rights Act of 1964 - 2:05 minutes in our Employment Law video
We hope this law never has to come up, but it prohibits discrimination on the basis of race, color, religion, sex, or national origin. An example of violating this law would be if you were denied a job because of your religious beliefs or not hired at all because of your gender and/or ethnicity.
Occupational Safety and Health Act of 1970 - 2:58 minutes into our Employment Law video
This law establishes safety standards and employee’s right to refuse to work in unsafe conditions. This law protects us against working in unsafe environments that would be hazardous to our health. An example of violating this would be working in a factory where you would be dealing with hazardous chemicals and not given the proper materials and equipment to handle them.
SAVING YOUR MONEY
Get a Bank Account
To ensure that you make the most out of the money you’re getting from your job, the best call to action would be to set-up a bank account! When starting your position, set up direct deposit with your employer and an automatic transfer of a portion of each paycheck to go into your savings. This will allow you to save money to use during the school year without even thinking about this. Depending on your bank, check out more information about automatic transfers here (Investopedia, 2017).
Prioritize Your Money
Whether you’re going back to school soon or want to prioritize your money better, look to breaking down your expenses. Put aside rent, bills, and necessity spending, but so you don’t go crazy, remember to have a little fun with what you earned! Check out our blog about what to do with all your money from your summer job and while you’re at it, check in on your 2017 financial goals.
THAT’S A WRAP
There you have it! You’ve learned how to get a summer job and how to save that mulah! Keep coming back to GenW for more ways to be financially sound.