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Q. Explain Straight piece work method ?
Straight piece work method is the simplest, oldest, and the most commonly used method. Here, the rate unit of the output is fixed, and the total earnings of a worker are arrived at by multiplying the total unit (measured in terms of units) by the rate per unit. Obviously, earning of the worker directly depend upon his / her performance. For example, if the rate per unit is 10 paisa and the total output of an employee is 100 units, his or her earning will be 100 * 0.10 = Rs. 10. Extending the logic of the price rate system, a worker has to go without wages if he or she fails to run out the required goods. For this reason, the system is modified in one respect the worker's time rate is guaranteed. The time rate is usually at a level which will yield earning below the expected average earning on piece work in the average conditions. It is designed to protect the worker against unduly low earning due to cause beyond his / her control.
What are the development phase of Human resources management concept?
1. What information will you need to collect to plan a response for this transition? How will you use this information to create a selection strategy? ( you may use a table to pres
Job characteristics approach: The Job characteristics approach theory of Hack man and Oldham states that the employees will work hard when they are rewarded for the work they
Suitability of the group incentive schemes: 1. Where it is not possible to measure the performance of each individual worker. 2. Where the number of workers making a group i
? KARL PEARSON’S CO-EFFICIENT OF CORRELATION
Trade unions Trade unions are formed by interested employees who get enough signatures from co-workers to hold an election. Trade unions are mainly started to deal with labour
Question 1: a) Consider the stakeholders who must be taken into account when designing an HRM strategy. b) How can conflicting demands of various stakeholders be reconciled?
Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm.
Personnel development: performance appraisal can help reveal the causes of good and poor employee performance. It thus helps the employee to overcome his weakness and improve his
How would you define 'strategic performance management'? Reflect on why there's often a narrower and less encompassing understanding of performance management within companies. Lis
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