21st Century Student FinLit -Getting Personal SW

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7. Oh no! You were injured at work. What employee benefit provides a source of income until you are healthy and able to work again? a. workers compensation insurance c. state disability insurance (SDI) b. healthcare insurance d. employee sustainability fund (ESF) 8. On average, employee benefits comprise how much of a worker’s total compensation? a. 45-60% c. 25-33% b. 5-10% d. 15-25% 9. Unemployment insurance is also called PRODUCT PREVIEW a. re-employment fund b. job disability benefits c. someone-please-hire-me-again insurance d. jobless benefits 10. Zoe is working on an important project at work this week. Yesterday, she got a notice in the mail: she’s been summoned for jury duty. Zoe is worried that her manager is going to fire her because she has to miss work for jury duty. Should Zoe be worried? Why or why not? _ ____________________________________________________________________ _ ____________________________________________________________________ 11. The Affordable Care Act requires that companies with more than _____ employees provide healthcare insurance for those employees. a. 200 c. 75 b. 100 d. 50 12. __________ is the amount received in a paycheck after deductions are taken for benefits and taxes. a. net pay b. gross salary c. base salary d. incentive salary 13. T F A freelancer under contract with a company is generally entitled to the same benefits as the company’s employees. 14. What does ESOP stand for? _ ____________________________________________________________________

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THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY

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