3.1-3.2 Quiz

Last updated over 3 years ago
5 questions
1

Match each term with its definition.

Draggable itemCorresponding Item
Employee Benefits
The skills, knowledge, and experiences possessed by an individual
Human Capital
Grouping of jobs that perform similar tasks
Career
A lifetime journey of building and applying skills, knowledge, and experiences in paid
employment positions
Occupation
The level of material comfort as measured by the goods, services, and luxuries you are able
to purchase
Standard of Living
The average cost of basic necessities, such as housing and food
Cost of Living
Products or services provided by an employer that provide extra value beyond wages
1

More education and training leads to...

1

Which of the following is not a benefit usually offered by employers?

1

Bob currently works as a Junior Software Developer. He makes $45,000 a year. His boss offers him a promotion to become a Development Team Leader. His income would increase to $55,000 a year. What should he consider before accepting the new position?

CHOOSE TWO

4

Jane currently makes $40,000 but doesn't get health insurance through her employer. She has to buy her own health insurance for $325 a month. She gets a job offer with a salary of $39,000 and employer provided health insurance.

If we only consider her wages and health insurance, should Jane accept the new job offer? Why or why not?