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25 Cards in this Set
- Front
- Back
Wages |
Pay that is figured at an hourly rate.
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Salary |
Pay that is a fixed amount, regardless of the hours worked. |
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Tip |
A voluntary payment that a customer makes to an employee, often based on the quality of service provided. |
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Commission |
A percentage of the total sale, paid to an employee instead of, or in addition to, salary or wages. |
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Entrepreneur |
Someone who organizes, manages, and assumes the risks of owning a business. |
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Sole Proprietorship |
A business owned by one person. |
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Partnership |
A business with co-owners, in which both parties are legally joined together. |
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Corporation |
A business owned by a group of stockholders. |
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Investing |
Committing money to an enterprise in order to earn a financial return. |
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Grants |
Payments or property given to people or institutions, which do not have to be paid back. |
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Royalties |
A percentage of the sales in dollars paid to an author, songwriter, or inventor when copies of his or her creation are sold. |
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Inheritance |
An amount of money, property, or an object of value, given by someone who has died. |
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Plan of Action |
A list of the steps needed to reach a career goal. |
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Job Leads |
Information about possible job openings. |
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Networking |
The process of building professional relationships that will assist both parties in reaching their goals. |
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Employment Agencies |
Companies and institutions that help people find jobs or that find people to fill jobs. |
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Portal Site |
A web site that serves as an entrance to other related sites on the internet. |
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Application Form |
A questionnaire that helps an employer determine whether or not an applicant is qualified for a job and should come in for an interview. |
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Personal Data Sheet |
A detailed list of personal information, which you bring to a job interview, that makes filling out the application easier. |
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Work Permit |
An official document that verifies an employee's age and usually outlines the duties that he or she is allowed to perform. |
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Resume |
A summary of a job applicant's personal information, education, skills, work experience, and special interests. |
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Keywords |
The words and phrases in a resume that a computer program will search for to determine whether an applicant is qualified for a job. |
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Cover Letter |
A short letter to accompany a resume, introducing the applicant to an employer and explaining why the applicant would do a good job for the company. |
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Interview |
A formal meeting between an employer and a job applicant. |
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Credit Score |
A number based on information in a credit report, indicating the person's credit risk. |