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

Critically discuss its recruitment and selection, Critically discuss its re...

Critically discuss its recruitment and selection in relation to strategic human resource initiatives. Make relevant recommendations as to how it could improve this process

Components of syndicate method, Components of syndicate method The meth...

Components of syndicate method The method should have a trainer who would be competent in handing the processing of the method and he should be ready with the theme or content

Show fringe benefits, Q. Show Fringe benefits? Meaning & definition: Fr...

Q. Show Fringe benefits? Meaning & definition: Fringe benefits refer to various extra benefits provided to employees in addition to a compensation paid in the form of wage / sa

Human resource for organization, how can we get the proper human resource f...

how can we get the proper human resource for the organization?

Structured direct interviews, Structured Direct Interviews: The usual...

Structured Direct Interviews: The usual type of interview is the structured direct interview. A formal questionnaires consisting of non disguised questions are used for this

Final selection decision, name and explain important aspects tht should adh...

name and explain important aspects tht should adhered before final selection decision

Discuss the strengths and weakness of a pluralistic society, QUESTION T...

QUESTION The Stakeholder theory of the Firm is probably the most popular and influential theory to emerge from business ethics (Stark: 1994) (a) How to determine and how to

Define knowledge management from an information system, Define knowledge ma...

Define knowledge management from an information system perspective. KM refers to managing the knowledge of individuals to be used as an organisational resource. From an informa

What is job satisfaction, Question 1: (a) Give a definition of Organi...

Question 1: (a) Give a definition of Organisational Behaviour and explain how Industrial Psychologists play an important role in Organizations today? (b) What is Job Sa

Objectives of wage and salary administration, Objectives of wage and salary...

Objectives of wage and salary administration: 1. Reward employees according to the effect and merit. 2. Attract and retain the services of desirable employees. 3. Get im

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