Wage Expectations

Reservation Wage: Minimum Acceptable Wage in Job Search
The reservation wage is the minimum wage that a worker engaged in a job search is willing to accept. A worker will not accept an offer if the wage is below their reservation wage. It is determined by various factors including current wage, unemployment benefits, and future wage expectations.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.