Geraldo has been challenged by his academic advisor to “develop some human capital” this school year. Which activity below would be the LEAST effective way to reach that goal.
Ask his employer if there are any new tasks at work that he might be assigned.
Spend additional time playing video games to develop his eye-hand coordination.
Become captain of his basketball team.
Attend a workshop on a new topic he's interested in.
Miranda is working to develop a broad base of transferable skills. This means that she:
Needs to maintain at least a part time job during the school year.
Will not have as much time to develop her human capital.
Will have a set of versatile skills that she can apply to many personal and professional roles.
Use her available hours outside of school for paid employment rather than volunteering.
Eric is writing a paper on the importance of investing in yourself and he is looking for a sentence to use as the thesis statement for his paper. Which sentence below would be the best choice?
Human capital and transferable skills result from formal training.
Education pays in higher earnings and lower unemployment rates.
Completing your college degree is the worst way to prepare for a career.
Investing in yourself too early can lead to a lower standard of living.
An example of a transferable skill is a skill:
That can only be used in an individual’s job or career.
Used for many types of jobs that you acquired through past jobs, volunteering, hobbies, school sports, or other life experiences.
That each employer requires you to learn.
That is learned at one job and is required at other jobs as well.
Lora is a high school computer and technology teacher. She enrolls in a computer class at least twice per year to stay current on recent technology changes and updates. By continuing her education, Lora is investing in her:
Salary
Human Capital
Résumé
Family
Georgia has invested heavily in her formal education. As a result of this training she's more likely to have...
More comfortable work environments
Lower personal satisfaction
Greater amounts of leisure time
Higher estimated lifetime earnings
Sarah learned in her Financial Education class that she needs to consider the Cost of Living when comparing job offers. Which statement is most accurate?
How much she will spend in moving expenses to re-locate to the city where her new job is.
The average cost of basic necessities, such as housing and food in the city where her new job is.
The total value of the benefits package she will be offered in her new job
The total amount of her college costs compared to the salary she is being offered in her new job.
Steven is considering taking a job with a company that is offering gym memberships, flexible hours, repayment of education loans, merchandise discounts, and childcare. These components of the job offer are called:
Employee benefits
Job perks
Work incentives
Competitive hiring practices
As an employee, how do you determine your compensation?
Your compensation is your gross pay.
Your compensation your paycheck plus any non-monetary benefits you recieve.
Your compensation is the number on your paycheck.
Only an accountant can calcualate your compensation.
Which of the following would be considered an employee benefit?
Travel opportunities
Paid sick leave
A chill boss
Monthly salary
Jamie has elected to be paid by direct deposit at her new job. This means:
She will receive her pay automatically loaded onto her payroll card at the end of each pay period.
She will receive her paycheck delivered directly to her at her place of employment at the end of each pay period.
She will receive her pay into her checking account at her bank each pay period.
She will receive her pay in cash directly from her boss.
Gross income – ____________ = Net Income.
employee benefits
deductions
montly expenses
net income
Shannon is reviewing her pay stub to determine how much money she earned before her deductions were subtracted. Which column should she check to find this amount?
Employer Contributions
Hours and Earnings
Gross Income
Net Income
The most secure method for an employer to pay employees is to use:
Carrier pigeon
Direct deposit
In-store credit
Payroll card
Printed paycheck
The regular schedule that employers use to pay their employees is called the
employee benefits
worker's compensation
pay period
employer contributions
Ally learned in her Personal Finance class that some paycheck deductions are required and others are optional. Which deductions are required?