wage differential

wage differential
The difference in earnings between workers with similar skills in different industries or between workers with different skills in the same industry. There may also be differentials between urban and non-urban wages or between regions (wages in the UK are highest in the Southeast, where the cost of living is highest). The Equal Pay Act (1970) makes it illegal for a differential to exist between the pay of men and women doing like work in the same employment.

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  • wage differential — noun The difference in the wages paid to different classes of workers (eg skilled and unskilled) in an industry, or to workers doing similar jobs in different industries or areas • • • Main Entry: ↑wage * * * wage differential UK US noun… …   Useful english dictionary

  • wage differential — UK US noun [C, usually singular] HR, WORKPLACE ► PAY GAP(Cf. ↑pay gap): »The study examines the wage differential between the public and private sector …   Financial and business terms

  • wage differential — UK / US noun [countable] Word forms wage differential : singular wage differential plural wage differentials business a difference in pay between workers with different skills working in the same industry, or workers with similar skills working… …   English dictionary

  • wage differential — / weɪdʒ dɪfəˌrenʃəlz/ noun a difference in salary between employees in similar types of jobs …   Marketing dictionary in english

  • differential — I noun attribute, characteristic, constituting a difference, contrasting quality, delicate distinction, difference of degree, differentiating trait, distinction, distinctive feature, distinguishing feature, feature, gradation, grade, graduation,… …   Law dictionary

  • differential pay — ➔ pay1 * * * differential pay UK US noun [U] ► HR pay that is different for different industries or for particular groups of employees: »The minimum wage scheme proposed differential pay for 18 21 year olds …   Financial and business terms

  • wage — {{Roman}}I.{{/Roman}} (also wages) noun ADJECTIVE ▪ competitive (esp. AmE), decent, fair, good, high ▪ inadequate, low, meagre/meager (esp …   Collocations dictionary

  • differential — A small charge added to the purchase price and subtracted from the selling price by the dealer for odd lot quantities. Bloomberg Financial Dictionary * * * ▪ I. differential dif‧fe‧ren‧tial 1 [ˌdɪfəˈrenʆl◂] noun [countable] the amount of… …   Financial and business terms

  • Differential and absolute ground rent — Part of a series on Marxism …   Wikipedia

  • differential — dif|fe|ren|tial1 [ˌdıfəˈrenʃəl] n 1.) formal a difference between things, especially between the wages of people doing different types of jobs in the same industry or profession pay/wage/salary differential 2.) technical a differential gear… …   Dictionary of contemporary English

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