The extra wage that is paid to an individual to attract him/her to a less desirable job is called:
A)the benchmark competitive wage.
B)the general training human capital difference.
C)the specific training human capital difference.
D)a compensating wage differential.

Question

Quizplus · Accepted Answer

A compensating wage differential is the extra pay offered to an individual to compensate for the undesirable aspects of the job, such as working in dangerous conditions or in a remote location.

The Extra Wage That Is Paid to an Individual to Attract