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

Explain human relation approach to discipline, Q. Explain Human relation ap...

Q. Explain Human relation approach to discipline? It calls for the training an employee as a human being and considers the totality of his personality and behaviour while corre

Discuss the implications of individual freedom and o, Discuss the implicati...

Discuss the implications of individual freedom and organisational control to the future organisation

Define human resource management, Question 1: (a) Define human resource...

Question 1: (a) Define human resource management? (b) Analyze critically the ways in which key human resource management functions are carried out in the public sector

Fit, should applicants be selected primarily on basis of their ability or p...

should applicants be selected primarily on basis of their ability or personality or fit?how can fit be assessed?

Staff induction, why some companies do not pay sufficient attention to staf...

why some companies do not pay sufficient attention to staff induction

Response to an organizing drive, After reading through the Zinnia and ACME ...

After reading through the Zinnia and ACME scenarios presented on page 225 of the John Budd text (Labor Relations: Striking a Balance), outline an employer strategic level (organizi

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

Suitability of the group incentive schemes, Suitability of the group incent...

Suitability of the group incentive schemes: 1. Where it is not possible to measure the performance of each individual worker. 2. Where the number of workers making a group i

What is job rotation, Q. What is Job rotation? Job rotation: this impli...

Q. What is Job rotation? Job rotation: this implies movement of employees from job to job. Jobs remain unchanged but incumbents shift. With job rotation, a given employees perf

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