Equalizing Wage Differentials


 
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Equalizing Wage Differentials
James Antwi, HR Consultant, Swaziland, Member
A compensating differential, which is also called a compensating wage differential or an equalizing difference, is defined as the additional amount of income that a given worker must be offered in order to motivate her to accept a given undesirable job, relative to other jobs that worker could perform.
How can we use the theory of 'wage equalising differentials' to attract skilled workers to remote and rural areas in low income countries?
Is the mode of application the same in both developed world and developing economies?...Sign up
 

 
Compensating Differential Incentive Pay
Mohun Aujayeb, HR Consultant, Mauritius, Member
If a worker is asked to perform a work/job/task that is normally not performed by others in that group/grade, it makes sense to additionally compensat...Sign up
 

   

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