Determinants of Wage Growth: An Empirical Analysis of Private Formal Sector in Bahawalpur Division

The focus of the study is to investigate the determinants of wage growth rate in private formal
sector of Division Bahawalpur. A sample of 430 individuals is interviewed using a well
structured interview schedule by convenient sampling. Ordinary least square method is
applied to examine the dependency of growth rate of wage on different variables. Findings
reveal that education, gender, experience, household locality and marital status of the
respondents positively affect growth of wages at less than 1% level of significance.