Examlex
Explain the relationships between the global savings glut, subprime loans, interest rates, and the burst housing bubble.
Average Workers' Pay
The mean wage earned by employees in a specific job, industry, or region, calculated by dividing total wages by the number of workers.
Pay Structure
The organization of different levels of pay within a company or industry, usually based on factors like experience, education, and performance.
Market Rate
The average cost or compensation for a particular job or service in the broader market or industry.
Lateral Career Moves
Moves within a company or organization to roles of similar rank and pay, typically to gain a broader range of experience or skills.
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