Definition of Real-Wage Differential

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TeachMeFinance.com - explain Real-Wage Differential



Real-Wage Differential

The term 'Real-Wage Differential ' as it applies to the area of Medicare in the United States can be defined as ' The difference between the percentage increases before rounding in (1) the average annual wage in covered employment, and (2) the average annual CPI'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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