Comparison time rate system and piece rate system, HR Management

Assignment Help:

Comparison b/w time rate system and piece rate system:

1. In time wages, time is the basis of payment whereas in the piece wage quantity of the work is the basis of payment.

2. Time rate system does not make a distinction b/w efficient and inefficient worker whereas piece rate system gives a premium on efficiency.

3. Time rate system provides security of wages to worker while piece rate does not.

4. Time rate system may be used where quality is more important than quantity whereas piece rate system is used where quantity is more important than quality.

5. Labour unions generally prefer time rate system and oppose piece rate system.


Related Discussions:- Comparison time rate system and piece rate system

What are the advantages the cwa, Read the excerpt attached carefully and an...

Read the excerpt attached carefully and answer the following questions: (a)(i) Two roles of HRM namely (i) Boosting productivity & (ii) Enhancing service are spelt out in the ex

Process of human resource planning, Question: (a) "Current pressures t...

Question: (a) "Current pressures to control labour costs and protect tighter profit margins demands an increasing rather than decreasing emphasis on human resource planning"

Show the characteristics of good schedules, Q. Show the Characteristics of ...

Q. Show the Characteristics of Good Schedules? All schedules need to have some specific considerations. Timetables are made in such a way so as to choose the most appropriate t

Explain about acquisition, Explain about acquisition Acquisition involv...

Explain about acquisition Acquisition involves collection of existing data and information from within and outside the organisation via environmental scanning, consultations, n

Should benching be a matter of concern at delta, Trust them with knee-jerk...

Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm.

Disadvantages of job rotation, Q. Disadvantages of job rotation ? 1. Th...

Q. Disadvantages of job rotation ? 1. The employees who want to perform challenging jobs feel frustrated. Even though they are shifted to new positions but it is only a horizon

Define the collaboration dimension, Define the The Collaboration dimension ...

Define the The Collaboration dimension The Collaboration dimension's goal is to achieve "value recommendations" identified by experts and trust advisers, community building ac

Developments in the theory of motivation, Question 1: a) Outline the ma...

Question 1: a) Outline the major contributions of two of the following authors to the development of management thought: (i) F W Taylor (ii) H Fayol (iii) M Weber b

Job evaluation method, there are three different types of job evaluation me...

there are three different types of job evaluation methods are there namely Ranking method, classification method, and Point method. there fore which one among these three methods i

Explain the important aspects of the definition, Question: (a) Define c...

Question: (a) Define communication, and explain the important aspects of the definition. (b) Describe the communication flow in organisations. Illustrate using an example f

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd