wage differential

wage differential The difference in earnings between workers with similar skills in different industries or between workers with different skills in the same industry. There may also be differentials between urban and non-urban wages or between regions (wages in the UK are highest in the Southeast, where the cost of living is highest). The Equality Act 2010 (as previously the Equal Pay Act 1970) makes it illegal for a differential to exist between the pay of men and women doing like work in the same employment.

• London Bullion Market
• London Chamber of Commerce and Industry
• London Clearing House
• London code of conduct
• London Inter Bank Mean Rate
• London Inter Bank Offered Rate
• London International Financial Futures and Options Exchange
• London Metal Exchange
• London rules
• London Stock Exchange
• long-dated gilt
• long hedging
• longitudinal design
• long lease
• long position
• long-range plan
• longs
• long-term bond
• long-term contract
• long-term liability
• long ton
• loose insert
• loss adjuster
• loss assessor
• loss leader