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What Does Independence of Data Mean

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What does independence of data mean?


Definitions:

Wage Gap

The difference in average earnings between different groups of workers, often highlighted between genders, races, or socioeconomic statuses.

Third-party Sources

External entities or individuals that provide information, services, or products to an organization, not directly related to its internal workforce or resources.

Compensation Data

Information regarding the pay rates, salary structures, benefits, and perks provided to employees within an organization or across a specific labor market.

Labour Market

The supply of and demand for labor, where employers seek to hire workers, and individuals seek employment.

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