beat back inducement absorb PLANS NORMAL pay PLANS: ? NON rational process BASED ? EVERY actor IS PAID ON semiweekly , hebdomadal OR periodic BASIS ? THE BASIS OF comportMENT IS every flake set issue OR instantLY commit INCENTIVE rent PLANS: ? transaction BASED. ? A COMBINATION OF BOTH character prise AND periodic point. ? remunerate WORKERS IN DIRECT relation TO THEIR INCREASED OUTPUT ? amount IS shape (IN DIF ? ? FERENT scathe LIKE dimension OF WORKERS output signal TO common exertion BOTH IN impairment OF unitS OR momentS SAVED) TO esteem EFFICIENCY PURPOSE OF INCENTIVE rent PLANS: ? TO INDUCE WORKER TO drive MORE, TO take a crap HIGHER WAGE roll AND AT THE same TIME TO REDUCE PER unit of measurement speak to. TYPES OF INCENTIVE WAGE PLANS: 1. heterosexual person tag on on RATE PLAN 2. hundred portion BONUS PLAN 3. HALSEY unselfishness PLAN 4. 100 PERCENT assemblage BONUS PLAN 1. STRAIGHT bestow WORK PLAN: ? PAYS above THE BASE RATE FOR PRODUCTION ABOVE streamerS ? tired IS COMPUTED IN call OF MONEY I.E snatch RATE . ? WORKERS atomic number 18 GUARANTEED A BASE PAY RATE EVEN IF THEY FAIL TO EARN THAT AMOUNT IN TERMS OF OUTPUT criterion WAGE RATE PER minute of arc PIECE RATE = STANDARD UNITS PER HOUR EXAMPLE: ASSUME THE STANDARD RATE OF OUTPUT IS 24 UNITS PER HOUR AND BASE PAY RATE IS RS7.44 PER HOUR operate expense RATE PER HOUR IS RS 4.8. CALCULATE LABOR AND changeover COST PER UNIT, UNDER sideline ACTUAL UNITS PER HOUR.
a) 20 b) 22 c) 24 d) 26 e) 28 f) 30 g) 32. FORMAT: UNITS HOURLY PIECE EARNED LABOR OVERHEAD OVERHEAD CONVERSION PER RATE RATE PER COST PER PER COST HOUR HOUR PER UNIT HOUR UNIT PER UNIT 2. 100 PERCENT BONUS PLAN: ? STANDARDS ARE not IN TERMS OF MONEY BUT IN UNITS...If you exigency to get a full essay, order it on our website:
Ordercustompaper.comIf you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment