Explain gantt task and bonus plan, HR Management

Assignment Help:

Q. Explain Gantt task and bonus plan?

Gantt task and bonus plan: this plan has been devised by the H.L. Gantt and is the only one that pays a bonus percentage multiplied by the value of standard time. Under this system, fixed time rates are guaranteed. Output standards and time standards are established for performance of each job. Workers competing the job within the standard time or in the less time receive wages for the standard time plus a bonus which ranges from 20 per cent to 50 per cent of the time allowed and not time saved. When a worker fails to turn out the required quantity of a product, he simply gets his time rate without any bonus.


Related Discussions:- Explain gantt task and bonus plan

Record of breakages, Record of Breakages : Misuse of stock is generally ...

Record of Breakages : Misuse of stock is generally concerned with breakages and these usually involve glassware although all types of stock can be included. A book is useful for

Example of motivation theories, Question 1: You have been asked to esta...

Question 1: You have been asked to establish and lead a small team whose members are to be drawn from a number of different organisations and locations. The team?s goal is to d

HR Strategic Planning, Choose four HR strategies that could be implemented ...

Choose four HR strategies that could be implemented by British Airways. Explain each of the strategies and its application to British Airways.

Negotiation, elaborate on the different negotiations that take place within...

elaborate on the different negotiations that take place within the institution

OB HRM, Discuss the implications of individual freedom and organisational c...

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

Hard HR approach, To which extent can HARD HR approach be taken by an organ...

To which extent can HARD HR approach be taken by an organization

Examine employee responsibilities, In the light of the poll results, and my...

In the light of the poll results, and my readings in the next parts of module 2, I think I will change my answer of the second part of the poll to be "yes" instead of "no". Because

Explain how the role of the hr manager, On successful completion of this un...

On successful completion of this unit, students should be able to: 1. Explain the role of human resource (HR) managers and their part in achieving organisational goals.

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