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 major barriers to good communication, Question: a) By ado...

Question: a) By adopting a global perspective to do business, explain what are the major opportunities and challenges a manager will have to face to operate worldwide. b)

Selection of a training method, Selection of a training method: the select...

Selection of a training method: the selection of an appropriate method depends upon the following six factors: 1. Nature of the problem area: the choice of the training method

David Guest''s (1989, Could you help me find the book just use this referen...

Could you help me find the book just use this reference appear in text? David Guest''s (1989, 1997) Thank you

Interviews, #sample interview questions and how to answer interview questio...

#sample interview questions and how to answer interview question

Human resource model, What is meant by the concept “strategic approach to h...

What is meant by the concept “strategic approach to human resources management”? Review the current strategic management process of your organisation. How effective is the link bet

Types of incentive schemes, Types of incentive schemes: incentive schemes ...

Types of incentive schemes: incentive schemes are many and varied. The international labour organization (ILO) classifies all the schemes of payment by the result into four catego

What are the basics of a good retention strategy, Question 1: (a) How c...

Question 1: (a) How can the use of computerized system such as the Human Resource Information System (HRIS) help in the HR process? (b) What are the potential drawbacks of

Change in the job assignment, Change in the job assignment: training is al...

Change in the job assignment: training is also necessary when the existing employee is promoted to the higher level in the organization and when there is some new job or occupatio

Need for a grievance procedure, Need for a grievance procedure: grievance ...

Need for a grievance procedure: grievance procedure is necessary for any organization due to the following reasons: 1. Most grievances seriously disturb the employees. This may

Workflow, define workflow in detail?

define workflow in detail?

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