« previous next »

Author Question: What usually happens to a salary when there is a lot of competition for a position? ... (Read 52 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
What usually happens to a salary when there is a lot of competition for a position? Why?

Question 2

Why do some positions earn higher salaries than others?


bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jun 29, 2018
Answer to Question 1

When there is heavy competition for a position, its salary is usually lower because numerous alternative candidates are available.

Answer to Question 2

Salaries differ because employers value some positions more or less than other positions. If the skills required for a job are scarce in a labor force, employers are willing to pay a higher price.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Competition in a forest can be as intense as competition on a coral reef. However, much of the compe Competition in a forest can be as intense as competition on a coral reef. However, much of the compe
Human body in anatomical ¬position Human body in anatomical ¬position
a) When leaning from a seated position, maintain a neutral spine. b) Avoid sitting with your spine ... a) When leaning from a seated position, maintain a neutral spine. b) Avoid sitting with your spine ...
A cross section of a typical wax-actuated thermostat showing the position of the wax pellet and ... A cross section of a typical wax-actuated thermostat showing the position of the wax pellet and ...
A typical magnetic crankshaft position sensor. A typical magnetic crankshaft position sensor.
Video: Physiology of Asthma

For a complete list of videos, visit our video library