Vol. 19 No. 6 [08.25.2015]
WAGE RATES IN INDUSTRIES...
WAGE DIFFERENTIALS IN OCCUPATIONS
(FIRST OF A FOUR-PART SERIES)
Highest wage differential among occupation groups posted by technicians and associate professionals both in 2012 and 2014
- Wage rates vary across occupations and industries caused by an interplay of several factors that include employment shifts or turnover of employees in occupations and in industries, work experience/seniority/length of service, bargaining negotiations, restructuring, among others.
- Wage ratios within major occupation groups are computed by comparing its highest occupational wage rate relative to its lowest wage rate. These wage rates refer only to the selected occupations in the selected industries. (Table 1)