What do you mean by piece wage system, HR Management

Assignment Help:

Q. What do you mean by Piece wage system ?

Piece wage system: under this system workers are paid according to the amount of work done or the number of units completed the rate of each unit being settled in advance irrespective of the time taken to do the task. Under this system wage payable to an employee are related directly to the quantity of work done by him. The work may be measured in terms of units of output. The units is called piece and the payment is made so much per piece.

Wage (w) = number of pieces produced (n) *rate per piece (R)

The piece wage system is sometimes called incentive system because the piece rate is directly related to the effort put in by the worker.


Related Discussions:- What do you mean by piece wage system

HRM concept, What are the development phase of Human resources management c...

What are the development phase of Human resources management concept?

What is job instruction training, Q. What is Job instruction training? ...

Q. What is Job instruction training? Job instruction training (JIT): this method is also known as training through step by step learning as it involves all necessary step in

Explain the concept of ethics at the workplace, Question 1: (a) "The ...

Question 1: (a) "The more you reward your workers, the greater will be their motivation to achieve the company's objectives". Discuss this statement, with support of rele

Suspension, Suspension means prohibiting an employee form attending work, p...

Suspension means prohibiting an employee form attending work, prevention him form discharging the duties assigned to him and with holding the wages payable to him. Suspension does

Importance and function of the marine environment, Question : (i) Desc...

Question : (i) Describe briefly the importance and function of the marine environment (ii) List main biotic components and 3 main abiotic components of the marine environm

Assessment, Hello there, im currently doing a Diploma of Human Resources ma...

Hello there, im currently doing a Diploma of Human Resources management and Ive got 3 last assessments to get done by next week in order to get the certificate. I talked with a cla

Explain the roles of e-hrm, Question 1: (a) Show the impact of the ...

Question 1: (a) Show the impact of the Internet and web-based technologies on the different human resource management functions in organisations. (b) What are the cri

Explain performance- related-pay schemes, Question 1: Inappropriate Job...

Question 1: Inappropriate Job Evaluation schemes are detrimental to an Organisation. Discuss. Question 2: (a) Explain ‘Performance-Related-Pay' and what are its adv

Explain the nature of corporate social responsibilities, QUESTION 1 Ex...

QUESTION 1 Explain the nature of Corporate Social Responsibilities. Critically assess the moral responsibility of corporations towards their stakeholders. QUESTION 2

Human approach to job design, Q. Human approach to job design? Human ap...

Q. Human approach to job design? Human approach: the Human relations approach recognized the need of design jobs which are interesting and rewarding. In the past two decades mu

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