Employment, Earning and Investing Flashcards

1
Q

Wage vs Salary

A
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2
Q

Types of employment

A
  • Full-time
    -Part-time
    -Casual
    -Contract
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3
Q

Full-time pros and cons

A
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4
Q
A
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5
Q
A
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6
Q
A
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7
Q

What is an award?

A

An award is a legally binding document that specifies minimum terms and conditions of employment, including minimum wages, entitlements, and working conditions.

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8
Q

Employee expectations/role

A
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9
Q

Employer expectations/role

A
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10
Q

Risk and Reward of different types of investments

A
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11
Q

Pros and cons of property and shares

A
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12
Q

What is superannuation and how to maximise it

A

maximise- regular contributions over working life

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