ConEd. Unit 3-Earning

Career

• A flexible spending account allows an employee to set aside a portion of earnings to pay for qualified expenses such as medical/dental expenses and dependent care. The money placed into flexible spending accounts is not taxed which results in employee savings
• Group of establishments (businesses) that produce similar products or provide similar services
• Occurs through social interactions, networking, life's experiences, and reading
• A lifetime journey of building and applying skills, knowledge, and experiences in paid

employment positions

• Employers may offer a certain amount of paid or unpaid days for illness, vacation/personal, and holidays.
• Benefits such as discounted gym memberships and free health screenings
• employment positions
• A check written to a worker in the amount of money earned

Career cluster

• you consume
• The skills, knowledge, and experiences possessed by an individual
• Must have a Bachelor's degree to pursue a Master's degree & requires an average of two or more years of college or university study
• Grouping of occupations and industries based on the knowledge and skills required

Formal continuing

• A reloadable debit card onto which a worker's pay is loaded
• Grouping of occupations and industries based on the knowledge and skills required
• Formal continuing
• A fee that a salesperson receives upon completion of a sale

education

• Versatile skills that are applied to personal and professional roles
• Training for a specific set of new skills provided by experts in a particular field
• Spend a day on the job with people in the occupation.
• Group of establishments (businesses) that produce similar products or provide similar services

Human capital

• A flexible spending account allows an employee to set aside a portion of earnings to pay for qualified expenses such as medical/dental expenses and dependent care. The money placed into flexible spending accounts is not taxed which results in employee savings
• A source of income for workers who have lost their jobs through no fault of their own
• The average cost of basic necessities, such as housing and food
• The skills, knowledge, and experiences possessed by an individual

Industry

• Your habits, attitudes, tastes, moral standards and the amount of goods and services that
• Group of establishments (businesses) that produce similar products or provide similar services
• 1. Workers' compensation 2. Unemployment insurance 3. Paid or unpaid days for illness, personal, or holiday 4. Match contributions to Social Security and Medicare
• Also referred to as a two‐year degree although the time of completion varies

Informal continuing education

• A federal government program that funds retirement accounts, financially supports citizens who have experienced profound disability, the premature death of a parent (if under the age of 18), or the premature death of a spouse in a family with children
• Benefits such as discounted gym memberships and free health screenings
• Occurs through social interactions, networking, life's experiences, and reading
• is a survey that matches your skills, abilities, interests, values, and/or other traits to a list of potential occupations

Job

• An activity through which an individual can earn money
• Also referred to as a four‐year degree although the time of completion varies & the most common form of degree awarded from colleges and universities
• Benefits such as discounted gym memberships and free health screenings
• Different forms of training to become a specialist in one area

Lifestyle

• Your habits, attitudes, tastes, moral standards and the amount of goods and services that
• Special type of advanced degree required by some occupations such as physicians and attorneys
• Employers may pay for all or part of the fees for classes, workshops and other forms of formal training thus investing in an employee's human capital.
• Must have a Bachelor's degree to pursue a Master's degree & requires an average of two or more years of college or university study