The skills, knowledge, and experiences possessed by an individual
Human Capital
100
Four places post-secondary education can occur
Community Colleges, Universities, Acadamies, Colleges, Private Institutions, and Technical/Vocational Schools.
100
Taxes paid to federal, state and local governments on the amount of money earned
Income taxes
100
An activity through which an individual can earn money
Job
100
Gross income - deductions = ??
Net income
200
Versatile skills that are applied to personal and professional roles
Transferable skills
200
A tool used to determine possible career areas related to one’s interests
Career assessment
200
Taxes withheld or paid on your behalf by your employer
Payroll tax
200
A lifetime journey of building and applying skills, knowledge, and experiences in paid employment positions
Career
200
Wages are deposited directly into a depository institution account. This is the most secure form of payment.
Direct Deposit
300
How you become qualified for jobs
Investing in your human capital and transferable skills
300
Two forms of continuing education
Formal training and Informal training
300
A federal government program that funds retirement accounts, financially supports citizens who have experienced profound disability, the premature death of a parent (if under the age of 18), or the premature death of a spouse in a family with children
Social Security
300
Four things to consider when selecting a job
Job description, Wages, Employee benefits, and Location
300
Pay stub
Outlines the deductions made to wages
400
Four categories of Transferable Skills
Interpersonal, Analytical, Technical, and Organization
400
Individuals with more formal educational training usually have higher ____________.
estimated lifetime earnings
400
The form that determines the percentage of an employee’s pay that will be withheld for federal taxes
W-4
400
average cost of basic necessities, such as housing and food. This number is figured on a scale with the base number of 100.
Cost of living
400
Optional payroll deductions
Employee benefits
500
The number one way to invest in your human capital and transferable skills
Become a life-long learner
500
Using your human capital, transferable skills, and career assessment to select a career that provides feelings of success and meaningful work promotes this:
High Well-Being
500
Total tax bill
Tax liability
500
Three things necessary to guarantee lifelong employment
Continue education, Maintain high character and ethical standards, and Portray a professional image.
500
Two ways employers further support employees'
Paid or unpaid days for illness, personal, holidays and contributions to Social Security and Medicare