Examlex
The factors used to evaluate location of a manufacturing plant are usually different from the factors used in locating a service facility.
Divergence
The act or process of developing in different directions or deviating from a standard.
Compensating Differences
Wage differentials that compensate workers for undesirable job attributes, like risk of injury or undesirable hours.
Nonmonetary Characteristics
Features or aspects of a job or decision that are not related to salary or financial gain, such as workplace environment or job satisfaction.
Wage Differentials
The variations in wage rates due to factors such as occupation, industry, location, and skills level.
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