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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
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  5. Compensating Wage Differential

Compensating Wage Differential

Definition of 'Compensating Wage Differential'

A difference in wages intended to compensate for some aspect of the job, eg. unsociable hours.

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Related Terms

Wage DifferentialWage-Price SpiralWage DriftWage ResistanceBid/Offer SpreadForward PointsInterest Rate Parity of Exchange Rate DeterminationAdministered PriceClassical UnemploymentInvoluntary UnemploymentModerate KeynesiansWage / WagesWage FreezeWage Rate

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