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

Reward management, detail out issues a reward strategy should deal with

detail out issues a reward strategy should deal with

Foundation level CHRP, rEQUIRE 2000 WORDS APPROX DEADLINE 20TH November

rEQUIRE 2000 WORDS APPROX DEADLINE 20TH November

Appraisal at Carlton holdings , what mistakes is tony making in his perform...

what mistakes is tony making in his performance appraisal of joe

What are the components of total rewards, Mr Donald Alexendar, Managing Dir...

Mr Donald Alexendar, Managing Director of Exclair Plc, a company engaged in the financial services sector employing more than 75 employees, attended an international workshop on

Validly of decisions based on selection interviews, Question 1: (i) Wha...

Question 1: (i) What can be done to increase the reliability and validly of decisions based on selection interviews? (ii) Why might the use of multiple selection intervie

Timing and arrangement of activities, All activities that are planned need ...

All activities that are planned need to fit into a time frame as timings, and regularity are essential for continuity, and greatly determine the children's feelings of security, th

Legal and ethical differences - communication process, Legal and Ethical Di...

Legal and Ethical Differences - Communication Process Legal systems differ from culture to culture Ethical choices like bribing officials are seen differently fro

What are the implications for long run profits, Question 1: You are the...

Question 1: You are the manager of a firm selling shirts. Explain how you would employ the concepts of elasticities to make key managerial decisions. Question 2: What

Define and explain the term training, Question 1: (a) Define and explai...

Question 1: (a) Define and explain the term "training." (b) Elaborate on the importance of training in an organisation. (c) Discuss the factors that might prevent an orga

Show the sources of recruitment, Q. Show the sources of recruitment ? B...

Q. Show the sources of recruitment ? Basically there are two main sources of recruitment commonly divided under two heads: 1 internal source. 2 external sources. Inter

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