Question

Sometimes a pay rate is raised or lowered to compensate for specific working conditions (such as working the night shift) or labor markets (such as living in a high-rent location). These adjustments are called

Answer 1

The adjustment of raising a pay rate or lowering it to compensate for specific working conditions are called pay differentials.

What is a pay rate?

The pay rate represents the average amount that laborers are paid per period.

The pay period may be an hour, a day, a week, etc.

The pay rate is multiplied by the pay period worked by a laborer to compute the total earnings.

Thus, the adjustment of raising a pay rate or lowering it to compensate for specific working conditions are called pay differentials.

Learn more about pay rates at https://brainly.com/question/18759157