Asked by
Amelia Stone
on Nov 05, 2024
Verified
All Honolulu law enforcement personnel must go through the same training program, but law enforcement personnel assigned to guard the capital building earn 15% less than law enforcement personnel assigned to the homicide division. This 15% difference in pay is an example of a ________ differential.
A) human capital
B) compensating
C) transfer payment
D) utility
Compensating Differential
The difference in wages that arises from differences in the non-monetary aspects of different jobs, such as risk or desirability.
- Comprehend the role of compensating differentials in affecting income and employment selections.
Verified Answer
CM
Learning Objectives
- Comprehend the role of compensating differentials in affecting income and employment selections.