Wage Premium (OI9767)

Ratio of the additional average wage paid to employees of the organization compared to the average wage paid for a similar job in a similar industry or category and organization in the local market as of the end of the reporting period.

Calculation:
  • Reporting Format Decimal
  • Metric Type Metric
  • Metric Level Organization
  • IRIS Metric Citation IRIS, 2021. Producer Price Premium (PI1568). v5.2.
Footnote

Organizations should footnote the specific position(s) for which the wage premium applies, as well as assumptions and sources related to the comparable position and similar organization. See usage guidance for further information.