what is a justified wage 
a justified wage is a pay level for a job that is determined by market dynamics as well as the degree of skills and experience that the job requires it is a wage level that is high enough to attract qualified candidates but low enough to be affordable to the business the justified wage may be viewed as the amount above the mandated minimum wage that an employer must pay to attract a candidate with the capabilities that the job requires the term fair compensation is often used interchangeably with justified wage in political and economic discussions understanding a justified wagea justified wage begins with the economic factors of supply and demand in the workforce a scarcity of job candidates with the skills needed will increase the justified wage offered there also are many job specific factors such as the levels of work experience education and training the job requires the supply of applicants who meet the requirements is important a wage is justified when it is seen as acceptable to potential candidates and economically feasible for the employer 