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personal finance

chapter 1 & 2 study guide

TermDefinition
salary The amount of monthly or annual pay that you will earn for your labor
promotion the act of moving someone to a higher or more important position or rank in an organization
employee expenses expenses that are incurred in the performance of the duties of the employment and are directly related to the 'nature of the employee's employment'.
employee benefits sick pay, vacation time and profit sharing are examples of benefits
networks informal groups of people with common interests who interact for mutual assistance
job shadowing a popular on-the-job learning, career development, and leadership development intervention
self assessment inventory strengths and weaknesses
work history Information about an individual's past employers
entrepreneur someone who assumes the ownership risks of a new business
head hunter a person who identifies and approaches suitable candidates employed elsewhere to fill business positions.
temp agencies employment agencies that find employees to fill short-term
cooperative education a structured method of combining classroom-based education with practical work experience.
aptitude a natural physical or mental ability that allows you to do certain tasks well
identity who they are and how they fit in
value the ideals in life that are important to you
goals a desired result a person or a system envisions, plans and commits to achieve a personal or organizational desired end-point
examples of online sources of career advice o*net
difference between entrepreneur and employement entrepreneur is one who does the employing and employment is one who gets employed by the entrepreneur.
Created by: rcbutler23