Question

what does higher education - higher income mean?
how much does each degree typically pay?
what do entrepreneurs do?
what are the rewards of being an entrepreneur?
what are the risks of being an entrepreneur?
why take an interest inventory like the one we too on mynextmove.com
what are the 3 types of resumes?
1.
2.
3.
what goes on your resume?
what is included in a thank you note?
what are paycheck deductions?
what is gross pay?
what is net pay?
how do deductions affect my paycheck?
what are the different forms of payment from a job/careers?

Explanation:

1. Higher Education - Higher Income: Generally, higher - level education often leads to access to higher - paying jobs due to increased skills and knowledge.
2. Degree Pay: Pay varies by degree type. For example, a medical degree typically pays more than an associate's degree in a non - high - demand field due to the level of expertise and training required.
3. Entrepreneurs: Entrepreneurs identify business opportunities, organize resources, and take risks to start and run a business.
4. Entrepreneur Rewards: Rewards include potential for high financial gain, independence, and the ability to pursue one's vision.
5. Entrepreneur Risks: Risks involve financial loss, failure of the business idea, and high levels of stress.
6. Interest Inventory: Taking an interest inventory helps in identifying career interests and aligning them with potential jobs.
7. Resume Types: The three types are chronological (lists work experience in reverse - chronological order), functional (focuses on skills), and combination (blends both work experience and skills).
8. Resume Content: A resume typically includes contact information, work experience, education, skills, and sometimes certifications and achievements.
9. Thank - You Note: It includes expressing gratitude for the interview or opportunity, restating interest, and a professional closing.
10. Paycheck Deductions: These are amounts subtracted from gross pay, such as taxes (federal, state, social security, etc.), insurance premiums, and retirement contributions.
11. Gross Pay: It is the total amount of money an employee earns before any deductions are made.
12. Net Pay: Net pay is the amount an employee takes home after all deductions have been subtracted from gross pay.
13. Deduction Impact: Deductions reduce the amount of take - home pay (net pay). The more deductions, the lower the net pay.
14. Payment Forms: Forms of payment can include salary (a fixed amount per period), hourly wage, commission (a percentage of sales), and bonuses.

Answer:

1. Higher - level education often provides access to higher - paying jobs due to increased skills and knowledge.
2. Pay varies widely by degree type; more specialized and in - demand degrees typically pay more.
3. Entrepreneurs identify opportunities, organize resources, and take risks to start and run a business.
4. Rewards include potential high financial gain, independence, and the ability to pursue one's vision.
5. Risks include financial loss, business failure, and high stress levels.
6. Taking an interest inventory helps identify career interests and align with potential jobs.
7. 1. Chronological; 2. Functional; 3. Combination
8. Contact information, work experience, education, skills, and sometimes certifications and achievements.
9. Express gratitude, restate interest, and use a professional closing.
10. Amounts subtracted from gross pay like taxes, insurance premiums, and retirement contributions.
11. The total amount an employee earns before any deductions.
12. The amount an employee takes home after all deductions from gross pay.
13. Deductions reduce the amount of take - home pay; more deductions mean lower net pay.
14. Salary, hourly wage, commission, and bonuses.