Wages, Workers, and Management $-$ End of Chapter Problem

Consider the concept of compensating differentials. Classify each of the given jobs as to whether it is likely to result in a higher

wage or a lower wage relative to other jobs that require similar skills and experience.

I nwer wage

jobs offering non$-$monetary benefits

remote jobs in which employees work from home

jobs requiring frequent business trips

jobs that are seen as risky

jobs in locations considered undesirableWages, Workers, and Management $-$ End of Chapter Problem

Imagine that you are the hiring manager for each of the given jobs. You are looking for potential signals from the job candidates

to see if they have the relevant traits for the jobs you are trying to fill. In order to identify these traits you ask the candidates

about their hobbies. Determine which hobby is most likely to signal that the candidate possesses a relevant trait for the job.

a$.$ If you are hiring a firefighter, candidates who like to

the traits that will make them successful in this position.

b$.$ If you are hiring a chef, candidates who like to

that will make them successful in this position.

c$.$ If you are hiring a computer programmer, candidates who like to

some of the traits that will make them successful in this position.

in their free time may possess some of

in their free time may possess some of the traits

in their free time may possess

in their free time may possess some of

in their free time may possess some of