0
It is a wage same or better then the average wage of the businesses around you.
Wiki User
∙ 11y ago
Wiki User
∙ 9y agoCompetitive wage is when employers compete with other businesses on what they pay their employees. Employers try to pay at least the same, or slightly better than their competitors.
Add your answer:
Earn +20 pts
What did David Ricardo believe in?
He assumed, among other things, that all wages and prices were flexible and that competitive markets existed throughout the economy.
What is competitive exlusion?
its wen u have a competitive exclusion
What is the definition of competitive supply?
list examples of competitive supply
How did real wages change in the US in the late 1800s compared to real wages in England?
They rose less than in Britain, France, and Germany. Wages in both countries increased.
What was a reason that businesses moved to the South?
Wages in the south were lower the wages in the north
What action did the US government take to make Northern goods competitive in price to goods from Britain?
Lowered wages
Why is Bangladesh competitive in textile and clothing manufacture?
It's wages are low. Also they are into this business for more than thousand years. Search "Muslin".
What did David Ricardo believe in?
He assumed, among other things, that all wages and prices were flexible and that competitive markets existed throughout the economy.
What are Normal wages when working in Italy?
The average monthly salary in Italy: 3,215 EUR. This equals out to around 4,217 US dollars. Italy is very competitive with the United States.
Why are wage rates generally very low in the Philippine?
Is is because the Philippines wage policy are based by the principle of making the country into a more competitive by making the wages as low as possible. -PS21
What has the author Muriel Niederle written?
Muriel Niederle has written: 'The effects of a centralized clearinghouse on job placement, wages, and hiring practices' -- subject(s): Economic aspects, Employment, Gastroenterologists, Labor market, Vocational guidance 'Competitive wages in a match with ordered contracts' -- subject(s): Econometric models, National Resident Matching Program (U.S.), Residents (Medicine), Salaries, Wages 'How costly is diversity?'
Why is Chrysler downsizing in jobs?
Chrysler is downsizing jobs so that they can stay competitive in the global market by reducing costs. By downsizing they save on paying weekly wages, health care , and other benefits.
What is the journal entry for outstanding wages?
debit wages expensescredit wages payable
Is it competitive with or competitive to?
With
What is 30 percent off minimum wages?
30% off of minimum wages = 30% discount applied to the minimum wages = minimum wages - (30% * minimum wages)
How can I maintain healthy relationships with my employees?
You could retain happy employees by offering them competitive wages and/or better benefit packages relative to other firms. You could also boost your workers' company spirit through social events.
Is wages singular or plural?
Wages is plural
