Explain gantt task and bonus plan, HR Management

Assignment Help:

Q. Explain Gantt task and bonus plan?

Gantt task and bonus plan: this plan has been devised by the H.L. Gantt and is the only one that pays a bonus percentage multiplied by the value of standard time. Under this system, fixed time rates are guaranteed. Output standards and time standards are established for performance of each job. Workers competing the job within the standard time or in the less time receive wages for the standard time plus a bonus which ranges from 20 per cent to 50 per cent of the time allowed and not time saved. When a worker fails to turn out the required quantity of a product, he simply gets his time rate without any bonus.


Related Discussions:- Explain gantt task and bonus plan

Describe the changes done in knowledge management, Describe the changes don...

Describe the changes done in knowledge management  Worldwide shift to information economy and on to knowledge economy.  Rapid growth in knowledge and information-in

Effective e-performance management system, Question 1: (a) An organiz...

Question 1: (a) An organization intends adopting e-learning to support its staff training and development strategy. Discuss the key criteria that need to be considered

Define the behaviour of managerial leadership, Define the behaviour of mana...

Define the behaviour of managerial leadership. Particularly, managerial leadership is behaviour which elicits voluntary follower behaviour beyond which associated with needed p

What is the preliminary interview, Q. What is the preliminary interview? ...

Q. What is the preliminary interview? Preliminary interview: it is generally regarded as exchange of basic information between the candidate and the personnel manager about the

Filing systems, FILING SYSTEMS : Any laboratory accumulates a vast amount ...

FILING SYSTEMS : Any laboratory accumulates a vast amount of material that has to be arranged in such a way that any particular item can be found readily and easily. The need for

Representation of quantitative data, Quantitative data may be presented eit...

Quantitative data may be presented either as full statements of the results obtained or in summary form. It is likely that the full results would be set out in appendices to the ma

Explain the performance management system, Question 1: Elaborate on the...

Question 1: Elaborate on the HRM and HRD processes, highlighting its evolution, the systems and sub-systems. Question 2: What is the meaning of performance in the cont

Ssources of information for employer branding, how can labour marketing as ...

how can labour marketing as a source of information could be used by an organization in its quest to have a strong brand as an employer?

Important issue in management responsibilities, The Introduction Descri...

The Introduction Describe why you chose this particular topic. Why do you think that it is an important issue in management responsibilities and practices? II. The Review

Need of workers participation in management, Q. Need of workers participati...

Q. Need of workers participation in management? Improve communication: it is seldom possible for managers to have knowledge of all alternatives and all consequences related to

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