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QFS
| Question | Answer |
|---|---|
| 401(k) Plan | A retirement savings plan, sponsored through your employer who will often match your contributions, that allows an individual to save for retirement |
| Apprenticeship | A paid career-training program where students learn on the job in addition to some classroom instruction |
| Benefits (ie. Job Benefits) | The extras an employer provides employees in addition to pay, such as health insurance or paid time off |
| Cover Letter | A letter that you send with your resume to explain your qualifications and interest in a particular job opportunity |
| Elevator Pitch | A 30-second personal summary with a request |
| Direct Deposit | An automatic electronic deposit of net pay to an employees designated bank account |
| Employee | A person who works for another in return for financial or other compensation. |
| Freelance Worker | Freelance worker: a self-employed person who earns money on a per- job or per-task basis, often from different companies. They are considered an “independent contractor”. |
| Full-time work | Work that averages at least 30 hours per week |
| Gig Economy | A labor market where the majority of people have short-term jobs or gigs such as freelancing and temp jobs rather than long-term employment |
| Gig Worker | a self-employed person, often working jobs that are in the service industry, temporary, or contracted through a larger company. They are considered an “independent contractor”. |
| Hard Skills | Specific knowledge or abilities that let you tackle job-specific duties that you learn through courses, vocational training, and on the job |
| Imposter Syndrome | A feeling of not belonging or not being good enough, especially for people with marginalized identities |
| Independent Contractor | A self-employed person who provides goods, services, or labor to others |
| Informational Interview | A meeting to learn about the real-life experience of someone working in a field or company that interests you |
| Intern | A student or trainee who works, sometimes without pay, in order to gain work experience in a particular field |
| I-9 Form | Form used by an employer to verify an employee's identity and to establish that the worker is eligible to accept employment in the United States |
| A social network site for building professional connections and job searching | |
| Minimum Wage | The lowest wage per hour that a worker may be paid, as mandated by federal, and sometimes state, law |
| Networking | The process of meeting new business contacts and building professional relationships to further your career |
| Partnership | A business that has two or more co-owners |
| Part-Time Work | Work that averages less than 30 hours per week |
| Professional Organization | A group of people who share similar career or background who meet to build professional skills and connections |
| Resume | A short document describing your education, work history, and skills, that is used to apply for a job |
| Salary | A fixed amount that you are paid over a period of time, regardless of how many hours you work |
| Self-Employed | Working for oneself instead of an employer. This includes freelancers, gig workers, and business owners. |
| Soft Skills | Personality traits and interpersonal skills that are needed to communicate and work with others |
| Sole Proprietor | A person who is the exclusive owner of a business |
| Stipend | A set payment amount for a fixed time period of work |
| Trade School | A school that prepares students to enter a specific career directly after training, usually in less than 2 years |
| Transferable Skills | Skills that can be applied in multiple professional contexts |
| Wage | A set amount you are paid for every hour that you work; also called hourly pay |
| W-4 Form | A form completed by an employee to indicate his or her tax situation (exemptions, marital status, etc.) to the employer, who then withholds the corresponding amount of taxes from each paycheck |