Jobs
An employee who works at least 40 hours per week
Full time
health insurance, company stock, etc.
benefits
Another term used for students seeking a Bachelors or Associates degree
Undergraduate
Phrase typically used to describe someone that is afraid of missing an opportunity
FOMO
a psychological and behavioral economics phenomenon that describes how people value objects they own more than objects they don't own
Endowment Effect
a student or trainee who works, with or without pay, at a trade or occupation in order to gain work experience in a particular field
Intern
You are paid a set amount over a fixed period of time to provide baseline income to put toward living expenses.
Stipend
A certification is attained from this type of school usually for skilled labor such as A/C repair, vehicle repair, truck Driving or welding
Trade School
a share in the ownership of a company
Stock
the tendency to seek out and prefer information that supports our preexisting beliefs
Confirmation Bias
when an employee is given “compensation for employment” including payment and (possibly) other tangible benefits (health insurance, company stock, etc.)
Paid Work
Someone who generally works part-time, in service of a company or organization
Volunteer
PhD. MD, JD, DDS are what types of Degree
Professional
You are paid a set amount for every hour that you work
Wage
a cognitive bias that describes how people perceive losses as having a greater impact than equivalent gains
Loss Aversion
an occupation undertaken for a significant period of a person's life and with opportunities for progress.
Career
the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare is called
Cost of Living
Colleges and Universities are generally called this
Postsecondary
a fee paid to an agent or employee for transacting a piece of business or performing a service
Commission
the tendency of the people in a group to think and behave in ways that conform with others in the group rather than as individuals.
Herd mentality
when an employee advances to a position that is classified at a higher salary grade, or in certain circumstances, an acknowledgment of significant greater responsibilities within the same grade.
Promotion
The base pay for someone who is just starting their career in a specific field, industry, or profession
Entry Level Salary
The number of years typically needed to complete a Bachelors degree
Four
amount of money that is available for, required for, or assigned to a particular purpose
Budget
any human behavior that is relevant to money management
Financial Behavior