COPYRIGHTED MATERIAL
C H A P T E R 4
PAY. IT’S MORE THAN A SALARY.
Chapter Resources: Ever wondered what employee benefits are really worth? A benefits calculator shows the value of employee benefits both as a percentage of salary and as an actual dollar amount of the costs paid by an employer. For a good benefits calculator go to Employee Total Compensation (www.calcxml.com/calculators/total-compensation.) Frugal living is always in style! Wisebread at wisebread. com has a lot of good tips for living on the cheap. Try a few and see how you do. typically included in a compensation package • Explain the advantages and disadvantages of independent contracting • Use a job interview mobile app or website to practice job interview skills • Critique the responses of a job candidate in a mock job interview • Predict experts’ opinions for handling awkward interview questions Learning Goals By the end of this chapter you will be able to: • Distinguish between gross salary and net salary • Compare salary and benefits • Summarize the advantages of employee benefits • List employee benefits
PRODUCT PREVIEW
W hat are you most looking forward to when you graduate college? Getting a job? Not being in school? Not having to study or take tests? Getting a regular pay check? After many years as a hard-working student with little or no income, most young people right out of college look forward to getting a paycheck! When job searching, many young, inexperienced job seekers focus primarily on salary — the amount of money they will be paid. There is much more to compensation than a salary! In fact, for many job seekers in-the-know, salary might not even be their first consideration when deciding whether to apply for a particular job or accept a job offer. What could possibly be as, or even more important than the salary?
61
Made with FlippingBook - Online catalogs