The collection of data on prevailing wage rates within an industry or geographic area is referred to as a wage survey.

Name: The collection of data on prevailing wage rates within an industry or geographic area is referred to as a wage survey.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

This statement is true. A wage survey is used to collect data on prevailing wage rates in a particular industry or region. This information is then used by employers, unions, and government agencies to determine fair wages for workers.

The Collection of Data on Prevailing Wage Rates Within an Industry