Unit 1B Vocabulary

Unit 1B Vocabulary

Career Awareness

Minimum Wage

• Set amount

• Generally part-time jobs are paid this.

• Lower skilled workers are paid minimum wage

• What a lot of people don't know is that not every business has to pay minimum wage. It only applies to companies who bring in more than $500,000 in annual sales.

Multiple Choice

For your 1st job, you will likely be paid minimum wage.

• True

• False

Multiple Choice

Every company MUST pay employees minimum wage.

• True

• False

Multiple Choice

A set amount that employers pay unskilled workers

• minimum wage

• salary

• commission

• tips

Skilled Laborer

• Worker who has special skill, training, knowledge, and ability in their work.

• May have technical school, college degree, or specialized training

• Makes more than minimum wage

Multiple Choice

Skilled laborers usually have no training right after high school.

• True

• False

Multiple Choice

Skilled laborers get paid minimum wage.

• True

• False

Technical College

• 2 year college

• Prepares students for specific occupations

• Examples of careers - Auto Mechanic, Welding, Radiology Tech, etc.

Retire

• Can actually retire at any age.

• To receive full benefits (money to live off of) you must be 67 or older.

Multiple Choice

I can retire at any age.

• True

• False