Career Advancement

What is the term for when an employee is given a higher position within the company?

• Demotion

• Transfer

• Lateral move

• Promotion

What is the term for working for oneself rather than for an employer?

• Underemployment

• Overemployment

• Unemployment

• Self-employment

What is the term for a payment or reward for achieving a certain goal or making a sale?

• Penalty

• Commission

• Salary

• Bonus

What is the term for the act of officially leaving a job or position?

• Resignation

• Retirement

• Termination

• Dismissal

What is the term for when an employee is no longer needed for a job and is let go by the company?

• Redundancy

• Resignation

• Vacation

• Promotion

What is the term for the act of retiring or the state of being retired from one's occupation?

• Retirement

• Sabbatical

• Resignation

• Vacation

What is the term for being dismissed from employment for reasons related to one's conduct or performance?

• Resignation

• Sacking

• Retirement

• Promotion

What are the potential benefits of being self-employed?

• The ability to pursue passion projects

• Lack of control over work schedule

• Limited income potential

• No opportunity to develop

What are some common reasons for resigning from a job?

• Being fired for incompetence

• Seeking better opportunities

• Getting a promotion and a huge raise

• Winning the lottery and never needing to work again

What are some strategies for dealing with being made redundant?

• Updating your resume

• Ignoring the situation and hoping it will go away

• Blaming your former employer for the redundancy

• Sitting at home and feeling sorry for yourself