wage differential meaning
MeaningMobile
- noun
The difference in the wages paid to different classes of workers (eg skilled and unskilled) in an industry, or to workers doing similar jobs in different industries or areas
[Business]
noun [C](Economics )
the difference in rates of pay between different groups of workers, especially the difference between workers with similar jobs in different industries, or between workers with different skills in the same industry:
Wage differentials between large and small firms have widened.
⇨ EARNINGS DIFFERENTIAL, WAGE GAP
[Economics]
A difference in wage rates between two types of worker. Wage differentials may be on account of different levels of skills, different formal qualifications, between unionized and non-unionized firms, or between workers of different age, sex, or ethnic groups. In the UK wage differentials based on age are legal, while those based on sex or ethnic group are not. The desire of groups to maintain traditional differentials within occupations makes some economists fear that minimum wage laws would not just affect the unskilled, but would lead to general wage inflation. The desire to maintain differentials between occupations makes inflationary wage rises tend to spread around the economy.See also:
equalizing wage differential, and union/non-union wage differential
Examples
- That would upset the wage differential.
- Existing distortions in wage differentials will be magnified.
- Marketization and gender wage differentials
- Compensating wage differential
- First of all, raw gender wage differentials increased significantly from 1989 to 1997
- First, the existence of the regional labor wage differentials in china during recent years is supported by the analysis of variance ( anova)
- Indians were less likely to settle permanently because of wage differentials.
- The gender wage differentials in Thailand declined in the early 1990s.
- Wage differentials remained, though the gap began to close.
- They're here because of the wage differential.
Other Languages
- "wage differential" meaning in Chinese: 工资差额。
- "wage differential" meaning in Japanese: wage differential賃金格差ちんぎんかくさ
- "wage differential" meaning in Russian: коэффициент дифференцированной зарплаты, дифференциальная ...
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What is the meaning of wage differential and how to define wage differential in English? wage differential meaning, what does wage differential mean in a sentence? wage differential meaning,wage differential definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.