MMMA Test

Pension Plan

A retirement plan that is funded at least in part by an employer

career

A commitment to work in a field that you find interesting and fulfilling

resume

A one page summary of your education, training experience, and qualification

Cooperative Education

Programs that allow students to enhance classroom learning with part-time work related to their majors and interests

Networking

A way of making and using contacts to get job information and advice

Interest Inventories

tests that help you identify the activities you most enjoy

Net pay

take home pay or the amount employees are in after all payroll deductions are subtracted from their gross pay. *another term for net pay is take home pay

Gross Pay

What employees are in before taxes, benefits, and other payroll deductions are withheld from their wages

Internship

A position in which a person receives training by working with people who are experienced in a particular field

Mentor

An experienced employee who serves as a teacher concealer for a less-experienced person

Cover letter

A letter you write normally a paragraph or two explaining why you think you should get the job

1. What form must you fill out with your employer to determine your tax withholdings?

W-4 form

2. What can affect your starting salary?

\-Education and experience-Size of company-Average salary for the job you are considering

3. What are some jobs in the service industry?

\-Health care-Social ==services==-Hospitality services-education

4. Which is more expensive in state public colleges or out of state private colleges?

out of state private

5. Will you get a better education at a private vs public college?

neither

6. Who pays for Medicare and social security?

you and your employer

7. What are some conditions that can affect the amount of taxes you pay?

Filing status, income tax rates, gross income, taking care of people, benefits programs, specific deductions

8. List some costs/ expenses that can cost you while working?

Transportation, childcare, clothing, memberships, supplies

9. More working parents has created more jobs in what field?

childcare and food services

10. More elderly has created more jobs in what field?

Healthcares geared towards senior services

11. High interest rates will reduce jobs in what field?

construction

12. How is a cover letter different from a resume?

The personal letter that you present along with your résumé but your resume is A one page summary of your education, training, experience, and qualifications

13. List some places you can look for a job at.

Job fairs, online, job advertisements, employment agencies, visit companies u want to work for, call businesses in your career field

14. What are some activities that can provide work related experience?

\-Part-time work-Volunteer work--Internships and cooperative education programs-Class projects or after school activities

15. Give 3 reasons why you might want to change your career.

bored or depressed at work, Job affects you physically and mentally, receive a series of poor performance evaluations

16. Name 2 college cost traps you want to avoid.

Merry Go Round major (Every time you change your major, you risk "losing" credits for classes you've taken but can't apply to your new major) and catch-up classes and campus hopping (deciding to switch colleges and credits do not transfer over)

17. True or False. An employer must pay for child care.

false

18. List some characteristics of successful people.

\-Work well with others-Strive to do your best-Creative when solving problems-Communicate well-Understand yourself and other people