Find over 25,000 psychological definitions


wage compression

an internal inequity that occurs when the salary differential between newly hired employees and established employees is smaller than it should be. If left unchecked, wage compression leads to wage inversion, in which the salary of more recent employees is greater than that of established or more senior employees. Wage expansion is the increase in salaries of established employees as a countermeasure to wage compression. Also called salary compression. See also external inequity; overpayment inequity; underpayment inequity.

Browse dictionary by letter

a b c d e f g h i j k l m n o p q r s t u v w x y z

Psychology term of the day

May 9th 2024

anthropometry

anthropometry

n.

1. the scientific study of how the size and proportions of the human body are affected by such variables as age, sex, and ethnicity.

2. the taking of measurements of the human body for purposes of comparison and study. —anthropometric adj. —anthropometrist n.