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7.4 Starting a New Job
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Game Code: 1766122
English
14
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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
Update your resume to include more accomplishments
Print three months of bank statements to use as reference
15
What is a 401(k) matching?
The employer will match what you contribute
Employer will split your paycheck between your bank and 401k
A guaranteed fixed rate of return
A low interest personal loan
15
Which of the following is not a common employee benefit?
stock options
health insurance
guaranteed raises
life insurance
15
Why is it important to consider the benefits being offered in addition to the salary?
answers will vary
15
What is our coping skill of the day?
Taking Time
15
What are your odds of getting at least one job interview if you submit 1-10 applications?
20%
0%
100%
61.7%
15
What is health insurance?
pays for your funeral if you die
pays for retirement
covers a portion of the cost of a your medical costs
15
What is life insurance
can help pay your bills, debts, and burial expenses
can help pay for your vacation
pays for your retirement
15
What is a flexible spending account?
money taken out of your paycheck for retirement
money out of your paycheck for vacation
pre-tax dollars from your paycheck for medical expenses
15
What is the difference between gross pay and net pay?
There is no difference between gross and net pay.
Net pay is before taxes and deductions are subtracted
Gross pay is before taxes and deductions are subtracted
15
What are Pre-Tax Deductions and Contributions?
Contributions taken out of your paycheck AFTER taxes
Contributions taken out of your paycheck BEFORE taxes
15
What is a W-4?
document you fill out to determine how much tax is witheld
verifies your identity
15
What is the i9?
verifies your identity and employment eligibility
document you complete to determine how much tax is witheld
15
What is the i9?
document you complete to determine how much tax is witheld
verifies your identity and employment eligibility
15
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