Asked by Keanna Ayala on Jul 07, 2024
Verified
Compensating differentials are differences in wages related to the characteristics of a job.
Compensating Differentials
Wage differentials that arise to compensate workers for the desirability or undesirability of a job's characteristics.
Job Characteristics
Encompass the attributes, roles, responsibilities, and overall environment of a particular job that influence the job holder's motivation and satisfaction levels.
- Comprehend the notion of compensating differentials and its influence on variations in wages.
- Examine the role of nonfinancial job features in the compensation disparities.
Verified Answer
FD
Frank DalicandroJul 07, 2024
Final Answer :
True
Explanation :
Compensating differentials refer to the differences in wages that arise to offset the desirability or undesirability of certain job characteristics, such as risk, effort, or location.
Learning Objectives
- Comprehend the notion of compensating differentials and its influence on variations in wages.
- Examine the role of nonfinancial job features in the compensation disparities.
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