What does the term "compensating differential" directly refer to
A)the level of wages earned by workers in different jobs
B)the level of education required for workers in different jobs
C)the level of safety that workers experience in different jobs
D)the level of personal and intellectual satisfaction that workers experience in different jobs

Question

Quizplus · Accepted Answer

Compensating differentials refer to the differences in wages that arise to compensate workers for non-monetary aspects of different jobs, such as risk, unpleasant conditions, or required skills.

What Does the Term "Compensating Differential" Directly Refer to