Career Readiness Vocabulary

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Compensation

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The sum of all remuneration and benefits given to an employee for work rendered. Compensation usually includes a monetary value (wages), but also often includes non-monetary perks and benefits such as paid time off, gym memberships, company vehicles, etc.

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Constructive Dismissal

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A situation where an employee quits or resigns due to a hostile work environment.

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Cover Letter

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A letter sent with a resume or CV which briefly sums up a candidate’s interest, relevance, and ability to do the job.

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Curriculum Vitae

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A record of one’s academic and professional achievements. It is Latin for 'course of life,' and it is often a longer document that goes into detail where a resume doesn’t.

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Education

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The history of institutionalized instruction listed on a resume, such as high school, university, or vocational school.

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Elevator Pitch

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Also known as an elevator speech, it is a quick statement one makes to sell their candidacy to an employer.

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Employment

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A work position that is paid.

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Employment Gap

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A period of time between two jobs where an employee has no employment. An employment gap could be due to several reasons, such as a career change, internship, education, illness, child leave, etc.

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Experience

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The entirety of a candidate’s past work history, including volunteer work and any knowledge and skills gained as a result of prior training, tasks, and responsibilities.

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Follow-Up

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A brief note, email, or phone call that reminds the employer that a candidate has submitted a resume or job application and is awaiting a response.