Examlex
Describe the terms "reliable" and "valid" with regard to the principles of position advertising copytesting (PACT).
Average Wages
A measure of the average income earned by workers, calculated by dividing the total wage bill by the number of employees.
Compensating Differentials
Differences in wages that arise to offset the non-monetary characteristics of different jobs, such as risk or undesirable location.
Average Wages
The mean income of workers in a particular group, sector, or economy, calculated by dividing the total wages by the number of wage earners.
Gender Pay Gap
The average difference in pay between men and women, often highlighting disparities in earnings for similar work or across the labor market.
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