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

assignment, i need a assignment of human resource

i need a assignment of human resources

Compensation, I need a report about ( choose any company and how compensat...

I need a report about ( choose any company and how compensation system contributes to motivate and retain the employees ) around 12 pages with references and table of contents

Career strategy, Career strategy: career strategy is the process of highli...

Career strategy: career strategy is the process of highlighting an organizations greatest resource its human resources for developing them for future career and business opportuni

Principal of impersonality or consistency, Q. Principal of impersonality or...

Q. Principal of impersonality or consistency? The principal of impersonality or consistency, the disciplinary authority should not have a sense of elation or triumph or sadisti

Review process, Review Process: There are four key elements in the pro...

Review Process: There are four key elements in the process of conducting a literature review: ¨  identifying the focus of the review - this will be the general topic or sub

Assignment, How does modern marketing research help the business enterprise...

How does modern marketing research help the business enterprise to curb the competition of their rival?

Define the tracking system in law, Define the tracking system in law. ...

Define the tracking system in law. Most cases are heard into the County Court or High Court as well as a tracking system is now utilized to decide this. Small claims track

Explain the characteristics of a reward strategy, Question 1: (a) Defi...

Question 1: (a) Define Reward Management and describe its main objectives from an organisation perspective. (b) Describe the relevance of Performance Management in a re

Define simulation, Q. Define Simulation? Simulation: it is an extension...

Q. Define Simulation? Simulation: it is an extension of vestibule training. The trainee work in closely duplicated real job conditions. This is essential in cases in which ac

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