vocab quiz

a plan that allows employees to buy or receive company stock

• direct deposit

• resume

• stock ownership plan

• 401K

a period of time that employees are given by their employers to use at any time during the year

• paid vacation time

• childcare leave

• hourly rate

• insurance

a company-sponsored retirement account to which employees can contribute income, while employers may match contributions.

• benefits

• resume

• 401K

a leave of absence without pay to provide a period of time immediately

• PTO

• discount

• overtime hours

• childcare leave

the amount of money that is charged, paid, or earned for every hour worked

• PTO

• hourly rate

• benefits

• salary

the electronic transfer of a payment directly from the account of the payer to the recipient's account

• hourly rate

• 401K

• direct depost

• check

a formal document that a job applicant creates to itemize their qualifications for a position

• pension

• resume

• application

• insurance

an individual retirement account that offers tax-free growth and tax-free withdrawals in retirement

• FICA

• family health care

• discount

• Roth IRA

you complete for your employer to determine how much should be withheld from your paycheck

• overtime hours

• pension

• form W-4

• FICA

a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life

• unemployment insurance

• minimum wage

• pension

• discount