Merricks multiple piece rate system, HR Management

Assignment Help:

Merrick's multiple piece rate system: it is an improvement over Taylor's differential plan. According to this plan, three piece rates for a job are fixed. None of these three piece rates are fixed below the normal level. These three rates are applied in the manner given below:

Merits of Merrick's multiple piece rate system:

1. This plan is liberal for the efficient workers. The workers producing more get their wages at increasing rates.

2. There is also no sudden rise in the wages at one point.

3. It has all merits of Taylor's differential plan.

A demerit of Merrick's multiple piece rate system:

1. The system does not guarantee minimum wages for the workers.

2. There is wide gap in slabs. All workers producing 1 per cent to 83 per cent of the standard output are considered as sub standard workers and are paid at the same price rate.

3. The general criticism levelled again this is also applies to it.


Related Discussions:- Merricks multiple piece rate system

Training and development programme, Training and development programme ...

Training and development programme Data base: it provides a valid data base for personal decisions concerning placements pay promotion transfer etc. appraisal also makes the

Develop an epc diagram for human resources process, Question: (a) ERP s...

Question: (a) ERP systems are designed to provide the information, analysis tools and communication abilities to support efficient and effective business processes. Process map

Describe the establishment period of career, Q. Describe the establishment ...

Q. Describe the establishment period of career? The establishment period begins with the search for work and includes our first job being accepted by our peers learning the job

Employee compensation, The literal meaning of the compensation is to counte...

The literal meaning of the compensation is to counter balance. In the case of human resource management, compensation is referred to as money and other benefits by an employee for

Introduction of a culture change programme, Mr John Batten was working as...

Mr John Batten was working as a change consultant in a department of an international organization (Costa Company Ltd) involved in the marketing of cruise package to tourists al

Briefly explain the human resource forecasting techniques, Question 1: ...

Question 1: (a) What are the costs that need to be borne by organisations when planning to recruit new employees. (b) Describe what you understand by scenario planning.

Explain importance of man power planning, Explain importance of Man Power P...

Explain importance of Man Power Planning in Human Resources Management. Importance of Man Power Planning in Human Resources Management is given below:- -  Matching jobs alon

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