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Money Matters

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Term
Definition
Job Analysis   An evaluation of the positive and negative attributes of a given type of work  
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Salary   The amount of monthly or annual pay that you will earn for your labor  
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Benefits   Forms of employee compensation in addition to pay  
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Opportunity for Promotion   The opportunity to advance to positions of greater responsibility and higher pay  
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Employee Expenses   Any cost of working paid by the employee that are bit reimbursed by the employer  
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Work Characteristics   The daily activation of the job and the environment in which they must be preformed  
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Entrepreneur   Someone who organizes, manages, and assumes the ownership risks of a new business  
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Placing Centers   A service offered at schools to help students and former students with careers and employer  
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Networks   Informal groups of people with common interests who interact for mutual assistance  
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Aptitude   A natural, physical or mental ability that allows you to do certain tasks as well  
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Life Long Learners   Actively seeking new knowledge, skills, and experiences that will add to your professional and personal growth throughout your life  
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Upgrading   Advancing to a higher level of skill to increase your usefulness to an employer  
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Retraining   Learning new and different skills so that an employee can retain the same level of employ-ability  
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Advanced Degree   Specialized, intensive programs (taken after obtaining the first college degree) that prepare students for higher-level work responsibilities with more challenges and higher pay  
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Self Assessment Inventory   Lists your strong and weak points along with plans for improvement as you prepare for a career  
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Abilities   talent, skill, or proficiency in a particular area  
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