Understanding Employment Concepts

What is compensation?

• The amount of money you are paid for your job.

• The benefits you receive from your employer.

• The skills you learn on the job.

• The documents you need for a job.

What are benefits in a job context?

• The amount of money you are paid.

• Advantages or part of a payment from the employer.

• The training you receive on the job.

• The recognition of your skills.

What is job shadowing?

• Following someone around who has a job or career you are interested in.

• A temporary job for exposure and training.

• A program with on-the-job training.

• Official documents stating qualifications.

What is an internship?

• A permanent job with benefits.

• A temporary job designed for exposure and training.

• A document containing your education information.

• A program for starting a business.

What does human capital refer to?

• The amount of money you earn.

• The benefits you receive from a job.

• The knowledge and skills a person has earned.

• The documents required for a job.

What is an apprenticeship?

• A program with on-the-job training by an experienced person.

• A temporary job for exposure and training.

• A document stating qualifications.

• A recognition of educational standards.

What is certification?

• A temporary job for training.

• Official documents stating standard requirements and training.

• A program for starting a business.

• A document containing your education information.

What does accreditation mean?

• Recognition that a school meets a certain standard of education.

• A program with on-the-job training.

• A temporary job for exposure.

• A document stating qualifications.

Who is an entrepreneur?

• A person who starts a business.

• A person who follows someone in a job.

• A person who receives benefits from a job.

• A person who documents their education.

Why is entrepreneurship important?

• It provides temporary jobs.

• It improves our overall way of life.

• It offers on-the-job training.

• it helps grow the economy