Job Search
Lowest legal wage that can be paid to most workers
What is
Minimum wage
What does EI stand for
What is
Employment Insurance
make up, pair of Jordans and a book are all examples of
wants
Health insurance, life insurance and Paid time off (POT) are all examples of
What is
Benefits
the total amount of an employee's earnings before deductions are taken out
What is Gross Pay
A job that has 30 hours or less
What is
Part-time Employment
the party on your paycheque that states the start and end date
What is
Pay Period
a card issued by a bank that a consumer uses to pay for purchases with money from a checking account
What is
a Debit Card
The amount you are paid per hour is known as your
What is
Hourly Rate
expenses that can change depending on your use of products or services.
What is
Variable Expenses
The best way to search for a job when moving to a new town
What is
A Job Search Website
On your paycheque YTD stands for
What is
Year to Date
When you save money incase something happens is known as am
What is
An Emergency Fund
Another word for receiving your paycheque every 2 weeks
What is
Bi-weekly
a sum of money that is borrowed that is expected to be paid back with interest.
What is
a Loan
A job that has 40 hours or more
What is full-time employment
Federal Income Tax, Provincial Income Tax, CPP, and EI are all what?
What is
Deductions
a system that allows you to plan for your income and expenses over the course of a set period of time
What is
a budget
Money received, especially on a regular basis, for work or through investments.
What is
Income
an expense that will be the same total amount regardless of changes in the amount of sales, production, or some other activity.
What is
Fixed Expenses
person/business who employs others
What is
an Employer
Amount of income left after taxes and deductions have been taken out.
Net Pay
food, shelter, water and clothes are all examples of
What is
Needs
when money is automatically transferred into your account electronically
What is
Direct Deposit
money paid by a borrower in exchange for using a lender's money for a certain period of time
What is
Interest
a brief summary; a short written account of one's education, working experience, or qualifications for a job
What is
a Résumé
a yearly federal tax on a person's earnings
What is
Income Tax
when the price of goods or services increases
What is
Inflation
current Minimum wage rate in Ontario
$16.55 per hour
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
What is
Credit