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7.4 Starting a New Job

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  •  English    14     Public
    NGPF
  •   Study   Slideshow
  • 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
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  • 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
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  • 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