Determinants of Wage Growth: An Empirical Analysis of Private Formal Sector in Bahawalpur Division
The focus of the study is to investigate the determinants of wage growth rate in private formal sector of Division Bahawalpur. A sample of 430 individuals is interviewed using a well structured interview schedule by convenient sampling. Ordinary least square method is applied to examine the dependency of growth rate of wage on different variables. Findings reveal that education, gender, experience, household locality and marital status of the respondents positively affect growth of wages at less than 1% level of significance.
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