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Jake and Bill are both college graduates.Jake is a patrolman and Bill is a detective in the same police precinct.While Jake's job is inherently more dangerous than Bill's,Bill passed a difficult exam to gain promotion to detective.Bill earns more than Jake because
Overtime
Additional hours worked beyond the standard work schedule, often compensated at a higher pay rate.
Productivity Targets
Specific goals set by an organization to measure and increase the efficiency of its outputs relative to inputs over a given period.
Job Structure
The relative pay for different jobs within the organization.
Pay Differential
Adjustment to a pay rate to reflect differences in working conditions or labor markets.
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