Business, Legal & Accounting Glossary
A positive or negative amount by which the salary or payment for a job is adjusted in accordance with the attractiveness of that job for potential workers. Difficult, dangerous, or otherwise undesirable jobs tend to pay more to help recruit and retain workers, while employers are able to offer less overall money for more desirable jobs that are preferred by job-seekers.
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This glossary post was last updated: 20th November, 2021 | 0 Views.