Economics·Wage & non-wage factors in choosing a job · NSSCO 4.1

Choosing a job: wage & non-wage factors

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One day you will choose a job of your own, and this lesson shows you exactly what people weigh up when they do. Every occupation offers two kinds of reward: wage factors — the money, from salary and overtime to bonuses and benefits — and non-wage factors — everything else, like job satisfaction, security, hours, safety and being near home. We learn to name both, we compare four real Namibian workers (a nurse, a miner, a teacher and a market vendor), and we work through a real decision so you can see why two people can look at the same job and choose differently.

What you'll learn in this lesson

By the end you should be able to (NSSCO Economics 4.1):

  • Differentiate between and discuss wage and non-wage factors affecting an individual's choice of occupation
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Choosing a job: wage & non-wage factors · NSSCO Economics · namstudy