TAKING THE NEXT POSITIVE STEP IN YOUR FUTURE… Dislocated Employees Orientation Meeting.
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Transcript of TAKING THE NEXT POSITIVE STEP IN YOUR FUTURE… Dislocated Employees Orientation Meeting.
TAKING THE NEXT POSITIVE STEP IN YOUR
FUTURE…
Dislocated Employees
Orientation Meeting
JOBLINK
Linking job seekers and employers to strengthen the workforce…
• JobLink Career Centers provide you a single place to address your employment and training needs.
• JobLink Career Centers offer a more convenient, efficient and effective way for all job seekers to look for a new or better job.
JOBLINK
Available Services:
• Job Placement Assistance• Job Development• Career Information• Education & Training Assessment• Self-Directed Job Search• Workforce Re-entry• Needs and Services Referral• Resume Assistance
Available Services:
• Assessment Testing• Unemployment Insurance• Work Permits• Notary Services• Voter Registration• Fax Services• Selective Service Registration• Computerized Typing Test• Employability Lab
Available Services:
• OJT (On-the-Job Training)• Veteran Services• Trade Adjustment Act• Job Listings• Labor Market Information• School-to-Careers Apprenticeship Program
• Workforce Investment Act Training Program
Available Services:
• Youth-at-Work Program• Vocational Rehabilitation• Services for the Blind• Department of Social Services• Title V Older Worker Program• Federal Bonding Program
Martin County JobLink/ESC Washington County JobLink/ESC200 Greene Street- P.O. Box 10Suite 201 209 East Main StreetWilliamston, NC 27892 Plymouth, NC 27962(252) 792-7816 (252) 793-4041 ext: 203/212
Beaufort County JobLink Chowan County JobLink/ESC1385 John Small Avenue 1316-C North Broad StreetWashington, NC 27889 Edenton, NC 27932(252) 946-3116 (252) 482-2195
Bertie County JobLink 1001 S. King StreetWindsor, NC 27983(252) 794-5616
JobLink Centers
EMPLOYMENT SECURITYCOMMISSION
Employment Services:
• Job listings and referrals • Clerical Testing• Resume Preparation Assistance• On-line registration and job selection (
www.ncesc.com)• Labor Market Information• On-line state applications• Referrals to supportive services• Job Development Contacts
Unemployment Insurance:
• On-line, telephone or in-person filing (www.ncesc.com or 1-877-841-9617)
• On-line potential benefits estimator• Eligibility based on earnings in covered
employment – not paid by worker• Must be able to work, available for work and
actively seeking work• No restrictions to keep from accepting full-time
suitable work• Earnings allowance (usually about 20% of WBA)
– amount you can earn before any deductions
Unemployment Insurance:
• Retirement pensions come off the top (not subject to earnings allowance)
• Claims are effective on Sunday of week in which they are filed. Each claim lasts for a period of one year. During that one-year period, you are allowed to draw between 13 and 26 weeks. The money may run out before the year does.
• There are no extensions available at the present time.
Unemployment Insurance:
• Benefit eligibility is based on earnings during a base period which is the first four of the last five completed calendar quarters. At the present time, the base period is October 2004 through September 2005. The base period will change again on April 3, 2006.
• The maximum weekly benefit amount is $442.00. The weekly benefit amount is figured by dividing the amount of the highest quarter wages in the base period by 26.
Unemployment Insurance:
• Duration of benefits is figured by dividing the total base period wages by the highest quarter and multiplying by eight and two-thirds (8 2/3). The maximum duration is 26 weeks.
• Severance Pay: If you receive severance pay when you leave your job, you must wait until the period covered by the severance pay has passed before filing a claim for benefits. Exception: If you enroll in training (one approved class) and bring proof of your enrollment, you will not be required to wait until the period covered by the severance pay runs out. You can file immediately.
Unemployment Insurance:
• Waiting Period: The first eligible week of each claim series is a waiting period. No one who files against the State of North Carolina is paid for the first eligible week of their claim.
• Enrolled In Training: If you are enrolled in training under the Dislocated Worker Program, you may be eligible to receive unemployment insurance benefits without having to look for work while you are attending school.
Unemployment Insurance:
Work Refusals: Failure to accept suitable work could affect your eligibility for benefits. If you refuse work, you will give a statement explaining why you did not accept the job. This statement will be sent to Raleigh and a determination will be made. The criteria for determining whether or not work is suitable are the degree of risk involved to health, safety, and morals; physical fitness and prior training; experience and prior earnings; length of unemployment; prospects for securing local work in your primary occupation.
Unemployment Insurance:
NOTE: Suitability of work may change as the length of your unemployment progresses. When you first become unemployed, your chances of finding other work are the best they will ever be. Your skills are at their peak and statistics have shown that the majority of individuals find work in the first week following their separation from employment. The longer you remain unemployed, you begin losing your skills and your chances of finding work diminish. In view of this, when you first become unemployed, your wage expectation might be higher than it is after you have been unemployed for a while. As your length of unemployment increases, you may need to lower your expectations. A job which was not considered suitable for you at the beginning of your claim may be considered suitable later in the claim series.
Unemployment Insurance:
State and Federal Income Tax: Unemployment insurance benefits are subject to state and federal income taxes. You may have state and federal income taxes withheld from your weekly benefit payment upon request. Federal taxes are withheld at the rate of 10% of your weekly benefit amount. The amount deducted for state tax is variable. You may designate withholding for state taxes from 1% to 100% of your weekly benefit amount.
Employment Security Commission For more information - contact:
Martin County JobLink/ESC Washington County JobLink/ESC200 Greene Street- P.O. Box 10Suite 201 209 East Main StreetWilliamston, NC 27892 Plymouth, NC 27962(252) 792-7816 (252) 793-4041 ext: 203/212
Employment Security Comm. Chowan County JobLink/ESC112 West Third Street 1316-C North Broad StreetWashington, NC 27889 Edenton, NC 27932(252) 946-2141 (252) 482-2195
Dislocated Worker Program(Workforce Investment Act)
NortheasternWorkforce Development Board
Dislocated Worker
Defined as an individual who has been terminated or laid off, or who has received a notice of termination or layoff from employment as a result of any permanent closure of, or any substantial layoff at a plant, facility, or enterprise.
Under the Dislocated Worker Program, there are three levels of service:
• Core Services• Intensive Services• Training
Core Services are coordinated and delivered by JobLink Center staff and their partners and include the following:
•Workforce Investment Act program eligibility determination•Initial Assessment-( skill level, aptitudes)•Job Search & Placement assistance•Labor Market Information•Performance Information and Program Costs•Financial Aid Information•Information on Supportive Services-(transportation, child care, etc.)
CORE SERVICES
Intensive Services
If a dislocated worker is unable to find employment through core services and the Case Manager determines that more assistance is needed for the individual to obtain employment, they are referred to Intensive Services. Participants that progress into Intensive Services are enrolled in the Workforce Investment Act Dislocated Worker Program.
Intensive Services include the following:
•Comprehensive and specialized assessment of skill levels
•In-depth interviewing and evaluation to identify employment barriers and appropriate goals
•Development of an Individual Employment Plan
•Individual/group counseling and career planning
•Case Management activities
Training
If core services and intensive services under
the WIA Dislocated Worker Program do not
result in you obtaining employment, and the
Case Manager determines that additional
training is needed, participants may be
enrolled into training.
Training
• Individual Training Accounts
Curriculum-based training in Occupations in Demand
Curriculum/training must be approved in the NCStars listing of eligible training providers by the local Workforce Development Board.
May cover the cost of tuition, books, fees, supplies, and required curriculum equipment
Training
• On the Job TrainingThe On the Job Training Program prepares dislocated workers for re-entry into the labor force by increasing their occupational and educational skills.
The OJT program is designed to place participants into unsubsidized employment at the end of the designated training period.
Employers collect the benefit of up to 50% reimbursement of training costs.
Dislocated Worker Program (Workforce investment Act)
ITEMS NEEDED AT TIME OF APPLICATION
• Letter of Layoff from employer• Pay Check Stub from Employer• Applicant’s Birth Certificate• Applicant’s Social Security Card• Applicant’s license or picture ID
Dislocated Workers ProgramFor more information – contact:
Martin County JobLink Washington County JobLink
200 Greene Street- P.O. Box 10
Suite 201 209 East Main Street
Williamston, NC 27892 Plymouth, NC 27962
(252) 792-7816 (252) 793-4041 ext: 203/212
Beaufort County JobLink Chowan County JobLink
1385 John Small Avenue 1316-C North Broad Street
P.O. Drawer 1787 Edenton, NC 27932
Washington, NC 27889 (252) 482-2195
(252) 946-3116
DISLOCATED WORKERS PROGRAMFor more information – contact:
Bertie County JobLink1001 S. King StreetWindsor, NC 27983(252) 794-5616
Community Colleges
•Beaufort County Community College•College of the Albemarle
•Martin Community College
Beaufort Community College
Martin CommunityCollege
Curriculum
• Degrees:– College Transfer – AA Degree– Vocational:
• AAS, Diploma, Certificate
• Courses Delivered By:– Traditional (classroom)– Internet– Hybrid (blended)– Telecourse– Information Highway
• Financial Support:– WIA: On approved programs – Pell: On individual qualifications– Scholarships: On criteria and
need
• Getting Started:– Submit Application– Provide Transcripts– Take the Placement Test– Apply for Financial Aid– Meet with an Advisor/Counselor
Continuing Education
• BASIC Education– GED– Skills Lab
• HRD teaches…– Job Application– Resumé Writing– Interview Techniques– Basic Computer Skills– Money Management– Career Planning
• Occupational Courses– Online Ed-to-Go– Classroom Specific Training
• Financial Support– GED – FREE– Skills Lab – FREE– HRD – FREE– Occupational Courses
• Based on number of hours
• Getting Started:– Call and register– Come to class– Upon completion, receive
CEU’s, Diploma, or Certificate
• Small Business Center provides:– Business Counseling for new and existing
businesses– Business Counseling and Training on…
• How to Start a Business • How to Write a Business Plan • Financing a Business • Marketing for Success • Record keeping and Taxes
Community CollegesContact Information
Beaufort Community College Martin Community College252-946-6194 252-792-1521
Clay Carter Dr. Phyllis Broughton Occupational and Workplace Recruitment Dean of Academic AffairsLentz Stowe Walter Whitfield Small Business Center Director Interim Executive Director Gary Burbage Continuing Education Director of Admissions Georgette Chilton
Small Business Center Director
College of the Albemarle 252-335-0821
Vocational Rehabilitation
Vocational Rehabilitation is an
employment agency for people with
disabilities.
You are eligible for VR services if…
• You have a physical, mental, learning
disability, or emotional impairment that
affects your ability to find or maintain
employment, and
• You require VR services to get ready for,
find or keep a job.
Vocational Rehabilitation
VR can provide various employment servicesto assist people in obtaining employment.
These include:• training for job skills• job seeking skills training• job placement• follow-up
If you qualify for services, you and your vocational rehabilitation Counselor will design an individual plan for employment to meet your needs.
Vocational Rehabilitation
Vocational Rehabilitation
The goal for Vocational Rehabilitation is to assist individuals with disabilities with their employment goals.
North Carolina Home Protection Pilot Program
And Loan Fund
The North Carolina Home Protection
Pilot Program, created by the General
Assembly in 2004, has been expanded
this year to help workers who have lost
their jobs because of changing economic
conditions.
Home Protection Pilot Program
• Operated by the North Carolina Housing Finance Agency.
• Inspired by the large number of plant
closings the state has been experiencing.
• Five of the eligible counties are Bertie,
Halifax, Northampton, Tyrrell and Washington
To be eligible for a loan, a homeowner must meet all of the following criteria. They must:
• Reside in an eligible county• Have lost their job due to changing economic
conditions• Have a mortgage that is secured by real
property• Demonstrate an ability to resume their mortgage
payment after the assistance ends• Have had a stable employment and credit
history prior to losing their job, and• Meet other eligibility requirements.
You do not need to be currentlyunemployed or in foreclosure toapply for the program. Assistanceis available to avoid foreclosureand/or allow workers financial assistance to pursue retraining.
Do not delay your applications!
Home Protection Pilot Program
Program offers:
• Stay of foreclosure on eligible properties• Qualifying homeowners can receive zero-
interest loans• Short-term- to bring a mortgage current, or• Long-term- to keep a mortgage current for
up to 18 months while the homeowner is
between jobs
Program Offers:
• The principal is repaid after the term of assistance ends. Assistance is availablein designated counties on a first-come,first-serve basis, and until funds areexpended.
• Participating local agencies are offeringhousing counseling and assistance to determine whether dislocated workers areeligible for assistance from the loan fund.
For eligibility determination, application assistance and counseling, dislocated employees should contact:
Choanoke Area Development Association (CADA)P.O. Box 530Rich Square, NC 27869(252) 539-4155
or
Bertie County JobLink1001 S. King StreetWindsor, NC 27983(252) 794-5616
Financially Survivinga Job Loss
© 2006, Financial Planning Association®
Marc Cram, CFPCram Investment Group
719 Voyager PlaceDurham, NC 27712
919-383-8194800-242-2965
Financial Planning
Financial Planning Looks at the
Big Picture• Insurance• Retirement planning• Tax planning• Spending, budgeting, and debt• Investing• Estate planning
© 2006, Financial Planning Association®
Insurance
Health Insurance– Stay in employer’s plan– Use COBRA– Obtain private coverage– Switch to spouse’s plan
Life & Disability Insurance– Can you convert it?– Shop for the best deal
© 2006, Financial Planning Association®
Retirement Plan
© 2006, Financial Planning Association®
Four Choices1. Cash out
2. IRA
3. New employer’s plan
4. Former employer’s plan
Each option has tax considerations.
?
Retirement Plan
© 2006, Financial Planning Association®
Cash Out– Immediate use– Income tax– 10% penalty tax– Pay back loans
Retirement Plan
© 2006, Financial Planning Association®
Roll Over– IRA– New employee’s plan– Avoids taxation– Loan payback required
Retirement Plan
© 2006, Financial Planning Association®
Stay in Former Employer’s Plan– No taxes or penalties– May or may not need to repay loans
immediately– Plan assets protected from creditors– No further contributions
Spending Plan
© 2006, Financial Planning Association®
MONTHLY INCOME
Severance pay $
Unemployment benefits $
Emergency fund $
Spouse’s income $
Temporary/part-time work $
Other $
TOTAL ???
Spending Plan
© 2006, Financial Planning Association®
MONTHLY EXPENSES
Rent/mortgage $
Groceries $
Utilities $
Insurance premiums $
Transportation $
Job retraining $
Clothing $
Entertainment $
Other $
TOTAL ???
Income - Expenses = ?
Cutting Expenses
© 2006, Financial Planning Association®
• Reduce insurance premiums• Refinance mortgage• Do it yourself• Avoid credit cards• Get help• Reassess short-term strategies
Debt
If debt starts to accumulate …– Contact creditors immediately– Negotiate payments– Sell items to pay off loan– Consolidate debt if it reduces payments over
the same time period
© 2006, Financial Planning Association®
Debt
If debt starts to accumulate …– Tap into home equity, but be careful– Work with a non-profit credit counseling
service– National Foundation for Credit Counseling:
www.nfcc.org– Bankruptcy is a last resort
© 2006, Financial Planning Association®
Investments
© 2006, Financial Planning Association®
Investing During a Job Loss• More conservative or more aggressive?• Invest for the long haul• Don’t panic
Resources
• Financial Planning Association: www.fpanet.org/public
• National Endowment for Financial Education’s Smart About Money Web site: www.smartaboutmoney.org
© 2006, Financial Planning Association®
For More Information
• Marc Cram, CFP• [email protected]• www.cramgroup.com• 919-383-8194• 800-242-2965
© 2006, Financial Planning Association®
JOB FAIR
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by the
Washington County
Chamber of Commerce