Definition: Wage drift is defined as the difference or change in the wage actually paid to a worker as compared to a locally negotiated wage. The increase could be due to several reasons such as ...
The Real Average Wage Index (the difference between the AWI and inflation) yielded a monthly variation of -0.31%, as a result of the changes in the private sector (-0.30%) and the public sector ...
New Delhi: The Economic Survey 2024-25 has highlighted that real average monthly wages for both self-employed and salaried workers in 2023-24 were below 2017-18 levels. For self-employed men ...