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

Middleregion''s human resources department, The country of Bigland has a de...

The country of Bigland has a democratically elected government which verifies broad national policies. Local services such as education, social care and environmental services are

Research strategies, Research Strategies: There are three main strateg...

Research Strategies: There are three main strategies in research, based around different ways of collecting and analysing empirical evidence: (a) experiments; (b) case s

Management development, Management Development Managers are the indisp...

Management Development Managers are the indispensable resources, the invaluable assets of an organisation. They produce creative ideas, convert them into concrete action plans

Illustrate recruitment planning, Q. Illustrate Recruitment planning? Re...

Q. Illustrate Recruitment planning? Recruitment planning: recruitment process starts with its planning which involves the determination of number of applicants and type of appl

Difference between personnel management and hrm, Question 1: Explain th...

Question 1: Explain the importance of understanding the difference between Personnel Management and Human Resource Management so that HRM is effectively applied in the busin

Fundamental problems facing individuals and society, QUESTION Our abili...

QUESTION Our abilities to perceive the world, to reason, to learn from experience, and to communicate with others are often taken for granted. The magnificent cerebral machiner

Fundamental principles of performance management, You have successfully rec...

You have successfully recruited a call centre manager who fulfils are the criteria established in the job evaluation process. You are required to induct this call centre person. Yo

Initiating corrective action, Initiating corrective action if any: the last...

Initiating corrective action if any: the last step in the process is to initiate corrective action is of two types: 1. The one which puts out the fire immediately: employee can

Bench Management, How can it convert bench into capital?

How can it convert bench into capital?

Determine leadership behaviours by using the fiedlers model, Question 1: ...

Question 1: (a) Leaders must have the ability to influence people in order to get their voluntary participation in the achievement of organisational goals. Their ability to inf

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