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?
Match each term with its definition.
Occupation
The skills, knowledge, and experiences possessed by an individual
Cost of Living
Grouping of jobs that perform similar tasks
Standard of Living
A lifetime journey of building and applying skills, knowledge, and experiences in paid
employment positions
Human Capital
The level of material comfort as measured by the goods, services, and luxuries you are able
to purchase
Employee Benefits
The average cost of basic necessities, such as housing and food
Career
Products or services provided by an employer that provide extra value beyond wages
More education and training leads to...
higher pay and lower unemployment.
lower pay and lower unemployment.
lower pay and higher unemployment.
higher pay and higher unemployment.
Which of the following is not a benefit usually offered by employers?
Health insurance
Retirement plan
Vacation time
Free housing
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
The average salary of a team leader at other companies.
How much printing new business cards will cost.
Whether his coworkers want him to be their leader.
The duties and responsibilities for the new position.