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

Effectiveness of a recruitment programme, Q. Effectiveness of a recruitment...

Q. Effectiveness of a recruitment programme? The total recruitment programme should be evaluated in the light of its objective and costs involved. For this purpose, various qua

What do you meant by the term employee development, Question 1: (a) Wha...

Question 1: (a) What do you meant by the term Employee Development? (b) How could you identify training needs in your organization? (c) What are the benefits of training

Attachment, what are the skills gained by attachment students in HR departm...

what are the skills gained by attachment students in HR department

Discuss the soft and hard approaches of hrm, Question 1: (a) Elaborate ...

Question 1: (a) Elaborate on the 4 C's of Human Resource Management and discuss the advantages that can accrue to an organization by adopting these 4 C's Question 2: (

Benefits of the career planning, 1. Explicit career path: career planning ...

1. Explicit career path: career planning forces employees to define their career goals more specifically. With the result, every individual willing to become an employee asks the

Beer et al 1984 Harvard map, Hello sir/madam I need some help on my essay r...

Hello sir/madam I need some help on my essay regarding harvard map of beer et al 1984. Evaluation is required of thsi harvard model and comparison to other models, especially with

Information sent in written communication , Information Sent: This id the ...

Information Sent: This id the aspect of written communication where your skill of using appropriate language, precision, accuracy and thoughtful words is exercised. In the followi

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