Difference between revisions of "Piece-rate pay"
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| − | [[Piece-rate pay plan]] is a pay plan in which workers are paid a fixed sum for each unit of production completed. | + | [[Piece-rate pay]] (alternatively known as [[piece-rate pay plan]]) is a pay plan in which workers are paid a fixed sum for each unit of production completed. |
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| − | ==Related | + | ==Related lectures== |
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[[Category: Septem Artes Administrativi]][[Category: Articles]] | [[Category: Septem Artes Administrativi]][[Category: Articles]] | ||
Latest revision as of 19:58, 25 March 2020
Piece-rate pay (alternatively known as piece-rate pay plan) is a pay plan in which workers are paid a fixed sum for each unit of production completed.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Piece-rate pay plan. A pay plan in which workers are paid a fixed sum for each unit of production completed.
