Module 02: Review

______ is all the money that you earn or receive - from sources such as your work, investments, inheritances, and government support programs.

_____ _______ is the capacity that any individual worker has to provide value through their work—based on their level of skills, professional relationships, experience, and education

_____ ____________ _______ is the sum-total of all of the benefits you receive in exchange for being an employee; these benefits include your salary or hourly wages, tips, and commissions, as well as any non-income benefits and intangible benefits

__________ ________ are aspects of a job that don’t have a dollar value attached to them but may still be important to an employee; these include work-life balance, passion for the job, social recognition, and opportunities for career progression

______ _____ are income that an employee earns which is directly based on the amount of time that they work during a pay period.

_____ ___ is the total amount of money an employee has earned during a pay period, before any deductions are taken out

______ ____ are money that you have to pay to the government which is based on the amount of money that you’ve earned over a specific time period.

A ________ _____ is a self-employed person who may hire other workers and who sells their products or services directly to the market—as opposed to only being hired for specific projects.

A(n) _______ is a person who works for a company or organization and receives regular paychecks, along with other potential benefits and perks, in exchange for their work.

A ___ ___ is the final amount of money that an employee receives in a paycheck after all taxes and deductions have been taken out.