Escolar Documentos
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Wage factors
Wages
Overtime aka moonlighting
Bonuses
Commission
Non-wage factors
Job contentment
Working conditions
Fringe benefits
Location and size of the firm
Chances of promotion
Changes in earnings over time for an individual
Change in earnings occurs due to change in demand for labor and change is
supply of labor
If demand for labor increases the earnings increases
If supply of labor decreases the earnings increases
Differences in earnings
Male/female
Skilled/unskilled
Private/public
Agricultural/manufacturing/services
Male/female earnings
The reasons male earn more than female are:
Male devote more working hours
Males are always part of labor force, so they have more experience
Males are better at negotiating salaries
Discrimination
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