Merricks multiple piece rate system, HR Management

Assignment Help:

Merrick's multiple piece rate system: it is an improvement over Taylor's differential plan. According to this plan, three piece rates for a job are fixed. None of these three piece rates are fixed below the normal level. These three rates are applied in the manner given below:

Merits of Merrick's multiple piece rate system:

1. This plan is liberal for the efficient workers. The workers producing more get their wages at increasing rates.

2. There is also no sudden rise in the wages at one point.

3. It has all merits of Taylor's differential plan.

A demerit of Merrick's multiple piece rate system:

1. The system does not guarantee minimum wages for the workers.

2. There is wide gap in slabs. All workers producing 1 per cent to 83 per cent of the standard output are considered as sub standard workers and are paid at the same price rate.

3. The general criticism levelled again this is also applies to it.


Related Discussions:- Merricks multiple piece rate system

Quantitaive appliactions in management and research, condition for the appl...

condition for the applicability of binomial distribution

Monetary and non monetary elements, An incentive plan has the following imp...

An incentive plan has the following important features: 1. An incentive plan may consist of both monetary and non monetary elements mixed elements can provide the diversity need

Basic characteristics of performance management, "Performance management is...

"Performance management is a strategic and integrated approach to delivering sustained success to organisations by improving the performance of the people who work in them and by d

Explain the types of non verbal communication, Explain the Types of Non Ver...

Explain the Types of Non Verbal Communication? 1.     Facial Expression - smile, frown, eye contact, raise or lowering eyebrows, squinting,  clench jaw / fist. 2.     Gestur

Explain human resource audit, Q. Explain Human resource audit? Human re...

Q. Explain Human resource audit? Human resource audit: Human resource audit refers to an examination and evaluation of policies, procedures and practises to determine the effec

What do you understand by the concept of job analysis, Question 1: (a) ...

Question 1: (a) Define the term "Human Resource Planning" (b) What are its main features? (c) Explain its importance to an organization. Question 2: (a) What do you und

Human resource developement, various programmes that a learning organizatio...

various programmes that a learning organization can adopt in the management of human resource

Explain training phases, Training phases: Training programmes are a co...

Training phases: Training programmes are a costly affair, and a time consuming process. Therefore, they need to be drafted very carefully. Usually in the organization of the t

Explain on-job and off job training, 1. Explain the importance of Career Pl...

1. Explain the importance of Career Planning in industry. 2. Write the features of HRM. 3. Briefly explain the concept of Performance Appraisal. 4. Explain On-Job and Off Job Train

Legal and ethical differences - communication process, Legal and Ethical Di...

Legal and Ethical Differences - Communication Process Legal systems differ from culture to culture Ethical choices like bribing officials are seen differently fro

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