benefit – n. something that produces good effects; financial help; a service provided by an employer in addition to wages

opportunity – n. a good chance for progress or forward movement

salary – n. a fixed payment for services; wages

initial – adj. of or related to the beginning of something

precarious – adj. depending on the will or decision of another

contract – n. a business agreement

minimum – adj. the least amount of something; the lowest number

graduate – n. someone who has successfully completed a study program