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

Types of incentive schemes, Types of incentive schemes: incentive schemes ...

Types of incentive schemes: incentive schemes are many and varied. The international labour organization (ILO) classifies all the schemes of payment by the result into four catego

Third party methods of requirements, Q. Third party methods of requirements...

Q. Third party methods of requirements? Third party methods: this include the use of commercial of private employment agencies state agencies, placement offices of schools, col

Define the items that an agenda contain, Define the Items that an agenda Co...

Define the Items that an agenda Contain? -An agenda contains the following items: ITEM EXPLANATION Date, time and venue of

Reading for the literature review, There is, potentially, a great deal of m...

There is, potentially, a great deal of material to get through in undertaking the reading for the literature review. Some of it may be quite difficult - coming to grips with comple

Effective teams, What makes some teams more effective than others? This is ...

What makes some teams more effective than others? This is a question that has preoccupied management scholars for over 40 years. Team effectiveness is more than accomplishing one's

Draw the timing diagram, The positive-edge triggered D flip-flop is given t...

The positive-edge triggered D flip-flop is given the inputs shown in Figure (a), with a zero initial value of Q. Draw the timing diagram.

Explain human resource planning, Q. Explain Human resource planning? H...

Q. Explain Human resource planning? Human resource planning: it is a process for determination and assuring that the organization will have an adequate number of qualified pe

Compensation Management, What benefits will be offered with the company pla...

What benefits will be offered with the company plan? ? Project the costs for each program included in your planuestion..

Technicians file -special files, Technician's File : Technician file is fo...

Technician's File : Technician file is for you to keep any information that might be of use to you or your successor in the future. The form that it takes is a matter of personal

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