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7.4 Starting a New Job

  •  English    14     Public
    NGPF
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  • What is the first step you should take when negotiating your salary?
    Conduct research on the lowest, highest, and average salary
    Print three months of bank statements to use as reference
    Update your resume to include more accomplishments
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  • What is a 401(k) matching?
    A low interest personal loan
    A guaranteed fixed rate of return
    The employer will match what you contribute
    Employer will split your paycheck between your bank and 401k
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  • Which of the following is not a common employee benefit?
    guaranteed raises
    life insurance
    stock options
    health insurance
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  • Why is it important to consider the benefits being offered in addition to the salary?
    answers will vary
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  • What is our coping skill of the day?
    Taking Time
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  • What are your odds of getting at least one job interview if you submit 1-10 applications?
    100%
    20%
    61.7%
    0%
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  • What is health insurance?
    pays for retirement
    covers a portion of the cost of a your medical costs
    pays for your funeral if you die
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  • What is life insurance
    can help pay for your vacation
    can help pay your bills, debts, and burial expenses
    pays for your retirement
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  • What is a flexible spending account?
    money out of your paycheck for vacation
    money taken out of your paycheck for retirement
    pre-tax dollars from your paycheck for medical expenses
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  • What is the difference between gross pay and net pay?
    Net pay is before taxes and deductions are subtracted
    Gross pay is before taxes and deductions are subtracted
    There is no difference between gross and net pay.
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  • What are Pre-Tax Deductions and Contributions?
    Contributions taken out of your paycheck AFTER taxes
    Contributions taken out of your paycheck BEFORE taxes
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  • What is a W-4?
    verifies your identity
    document you fill out to determine how much tax is witheld
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  • What is the i9?
    document you complete to determine how much tax is witheld
    verifies your identity and employment eligibility
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  • What is the i9?
    verifies your identity and employment eligibility
    document you complete to determine how much tax is witheld
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