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Q. Merits and Demerits of Halsey system?
Merits of Halsey system:
1. Slow workers are guaranteed a fixed time wage.
2. Efficient workers get extra wages.
3. It is an easy and simple device of introducing efficiency.
Demerits of Halsey system:
1. The worker gets only 50 per cent benefit of his efficiency. It is said that he can more in the saved time, but where is the work.
2. The quality of the work is not created for and the waste of material increases.
3. There is no scientific method for the fixing rate of premium for the time saved.
4. Standards are fixed on the basis of past performance.
Objective of the Fringe benefits: The important objectives of the Fringe benefits are: 1. To create and improve sound industrial relations. 2. To boost up employee moral
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