answersLogoWhite

0

Graduated piece rate compensation is a pay structure where workers earn a base rate for each unit they produce, with the rate increasing after reaching certain production thresholds. This system incentivizes employees to produce more, as their earnings rise with higher output levels. It is commonly used in manufacturing and agriculture to boost productivity while maintaining fair compensation for labor. By rewarding efficiency, graduated piece rates can align the interests of both employers and employees.

User Avatar

AnswerBot

3d ago

What else can I help you with?

Related Questions

Which piece of lab euipment do you use to measure volume?

The answer is a graduated cylinder.


What piece of equipment is used to find the volume of a liquid?

A Graduated Cylinder


What is graduated designs?

it is a design of a school that piece of art them haha!peace!


What is art graduated design?

it is a design of a school that piece of art them haha!peace!


What is the difference between time rate and piece rates?

On time rate you are paid for the number of hours worked. On piece rate you are paid for the quantity of goods you produce.


What are graduated cylinder and how are they used?

a graduated cylinder is a piece of lab glassware used to hold liquids. 'graduated' means it has a scale of measurement (usually in mLs) to measure liquids. make sure to always measure at the bottom of the miniscus for accurate data.


What is a piece rate worker?

A piece rate worker is paid on the quantity they produce per hour. If they produce more, they will be paid more, based on the rate per finished item.


Which visual aid best supports the purpose of arguing for the importance of high school graduation in finding a job?

A bar graph that shows the high unemployment rate of people who have not graduated.


Which piece of equipment can best measure the volume of ink in a pen?

"http://wiki.answers.com/Q/Which_piece_of_equipment_can_best_measure_the_volume_of_ink_in_a_pen" graduated cylinder


What are some things that can happen if you drop a piece of metal into a graduated cylinder partially filled with water?

It could sink. (The metal's density is greater than water.) It could turn into a ball of flames. (If you dropped a chunk of sodium into graduated cylinder, it would react with flames or sparks.)


What does piece rate mean?

Piece-rate pay gives a payment for each item produced - it is therefore the easiest way for a business to ensure that employees are paid for the amount of work they do. Piece-rate pay is also sometimes referred to as a "payment by results system"


How does a piece of metal in a graduated cylinder of water allows you to figure out the volume?

The reading on the graduated scale is taken before and after the metal is lowered into the cylinder . The second reading is subtracted from the first. This gives the volume of the metal in cubic centimetres.