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EPF M3L1 Vocabulary

AB
Quality of LifeA comprehensive measure of an individual’s overall well-being.
EducationInvolves obtaining and developing knowledge and skills often in a school or training setting.
IncomeThe amount of money that an individual earns for work completed.
WorkforceThe amount of people within a country who are able to do a job and are available for employment.
CareerA profession that someone feels passionate about that they participate in for a long time in their life span. Typically involves more education or training.
JobWork that provides someone an income.
WageThe amount of money that is regularly paid to someone for the work that they complete, typically on an hourly or completion basis.
SalaryThe set amount of money that is paid to someone each month or year from their employer.
Employee BenefitsA form of compensation that can be non-cash or cash provided by employers to employees over and above regular salary or wages including health insurance, vacation time, etc.



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