Careers Vocabulary Question Preview (ID: 52100)


Financial Math Unit 1 Vocabulary. TEACHERS: click here for quick copy question ID numbers.

Money paid in return for a service or work completed
a) Compensation
b) Occupational Hazards
c) Job Opportunities
d) Future Demand

The earnings of an employee beginning a job/career and typically lasts for a period of 2-3 years
a) Entry Wage
b) Median Wage
c) Experienced Wage
d) Working Conditions

The highest paid earnings in a job/career; typically earned by your late 40s or early 50s, depending upon your career field
a) Experienced Wage
b) Median Wage
c) Entry Wage
d) Occupational Hazards

The outlook, in terms of necessity, of a particular job/career, typically measured in increments such as 5 years, 10 years, etc
a) Future Demand
b) Compensation
c) Standard of Living
d) Occupational Hazards

The availability of a job in relation to location and necessity; the availability of jobs based on skills you possess
a) Job Opportunities
b) Salary
c) Working Conditions
d) Median Wage

The wage earned in the middle of all employees of the same job/career, half the employees earn below and half the employees earn above
a) Median Wage
b) Entry Wage
c) Experienced Wage
d) Standard of Living

A risk accepted as a consequence of a particular occupation; it comes with the job
a) Occupational Hazards
b) Future Demand
c) Job Opportunities
d) Salary Range

A fixed regular payment, typically paid on a monthly or bi-weekly basis but often expressed as an annual sum, paid to an employee
a) Salary
b) Entry Wage
c) Experienced Wage
d) Median Wage

The low and high end of pay established by employers to pay to employees performing a particular job or function.
a) Salary Range
b) Standard of Living
c) Working Conditions
d) Salary

The necessities, comforts and luxuries enjoyed or aspired to by an individual or group
a) Standard of Living
b) Future Demand
c) Compensation
d) Job Opportunities

This covers a broad range of topics/issues including work schedules, physical job demands/conditions, mental demand many other topics related to the particular job
a) Working Conditions
b) Salary
c) Median Wage
d) Standard of Living

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