Types of Pay
______ is a set amount of money earned by an employee per year or other fixed length of time.
Salary
The total amount of money earned for working during the pay period.
Gross Pay
This is the lowest hourly rate an employer may legally pay most workers.
Minimum Wages
This document summarizes a person's work experience, education, and skills.
Resume
Upon entering your job interview what is the 1st thing you should do?
_________ are money given to an employee by customers in exchange for a service.
Tips
Form that shows your total earnings for the year and the total amount of taxes withheld.
w-2
Compensation for work beyond 40 hours must be at least 1.5 times the employee’s regular rate of pay.
Overtime
What is the ideal length for a resume for most job seekers?
One Page
Give 3 examples of topics that you should avoid talking about during an interview.
Personal issues, family, politics, bad mouthing past employers, religion, salary.
_________ is a sum of money paid to an employee in addition to regular pay.
Bonus
The amount of pay an employee is left with after taxes and other deductions are subtracted from the gross pay. Also known as “take home pay”.
Net Pay
How many hours a week do you have to work to be considered full time?
35
This document accompanies a resume and explains your interest in a specific job.
Cover Letter
This should be done within 24 hours after an interview.
Send a thank you note to the employer who interviewed you.
___________ is a fixed percentage or amount of profit given to an employee in exchange for making a sale.
Commission
IRS instruction booklets and forms, must use form _______ to file your tax return.
1040
Hired for a specific period of time to complete a particular project for an employer.
Contract Worker
What are three key components that should always be included in a resume?
Contact information, work experience, & education.
When should your arrive to your job interview?
15 minutes early
_______ are paid by the hour, day, or item.
Wages
If you have earned interest on savings during the year, your bank will send you a form __________ showing the amount you earned.
1099
Wages set lower than the standard minimum wage, can be applied to full-time students, employees younger than 20 and employees who are developmentally disabled.
Subminimum Wages
What is a common mistake peple make when creating a cover letter?
Making it too generic.
Give 3 tips on how to or how to not dress for your interview.
Shower and apply deodorant, brush teeth, brush hair, clean your fingernails, little to no perfume, clean appropriate clothing, socks, and shoes, simple jewelry.