Meaning of “earnings differential” in the English Dictionary

"earnings differential" in Business English

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earnings differentialnoun [ C ]

uk us also pay differential ECONOMICS, HR

the difference in pay between two jobs with different responsibilities or between employees with different qualifications or experience:

There is a growing earnings differential between high-school and college graduates.

the difference in pay between two people doing the same job or similar jobs:

Actors are once again angered by the pay differential between the famous and less famous in their profession.

(Definition of “earnings differential” from the Cambridge Business English Dictionary © Cambridge University Press)