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

An analysis of the communication approach and effectiveness, Select and ana...

Select and analyze one situation that demonstrates good persuasive managerial communication.  Prepare a two page paper that presents your views.  You will also present an infor

Selection, #question.what is selection process.

#question.what is selection process.

Filing systems, FILING SYSTEMS : Any laboratory accumulates a vast amount ...

FILING SYSTEMS : Any laboratory accumulates a vast amount of material that has to be arranged in such a way that any particular item can be found readily and easily. The need for

What are the techniques of human resource planning, Question 1: (a)Expl...

Question 1: (a)Explain the meaning of the term human resource planning. What are its aims? (b) What are the techniques of human resource planning? Question 2: (a) Ex

Basic key characteristics of the balance sheet approach, Question 1: a)...

Question 1: a) Could Multinationals be concerned about Expatriate Failure? If so, why? b) Explain the importance of Training and Development in Expatriate Assignment.

Hr, Borderless world, Diversity Management, and Knowledge power, are some o...

Borderless world, Diversity Management, and Knowledge power, are some of the overarching factors being encountered by the Human Resource Mangers of 21st century business world”. Ho

What do you mean by human resource development, Q. What do you mean by Huma...

Q. What do you mean by Human resource development ? Meaning and definition: the word human development can be broken up as under: HUMAN RESOURCE DEVELOPMENT = human resource

Explain the importance of understanding cultural diversity, Question : ...

Question : a) Explain the importance of understanding cultural diversity in an international business context. b) Describe Hofstede‘s well known behavioural indices on nati

Define strategic human resource management, Question : (a) Define Stra...

Question : (a) Define Strategic Human Resource Management "SHRM". (b) Explain briefly and give the benefits of each of the following: (i) "integration of HRM into the

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