What are five factors that might demand a particular job receive a higher wage than other jobs and explain why that factor should be considered when setting a job's wage.

Question

Amiyah Hood

Business

1 March, 02:02

What are five factors that might demand a particular job receive a higher wage than other jobs and explain why that factor should be considered when setting a job's wage.

+5

Answers (1)

Know the Answer?

Jeramiah Pineda · Answer 1

Let's take biomedical engineering and mcdonalds. McDonalds does not have that much work involved in it. Biomedical engineering on the other hand requires a four or six year degree in college and it has a lot of work involved. That is why McDonalds employees receive minimum wage, and biomedical engineers receive about 60-100 thousand dollars a year.