Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
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.
Question 1: i) Using the marginal revenue productivity (MRP) theory explain how wages are determined under both perfect and imperfect competition? ii) Consider a firm is a
“Effective Human Resources Management depends upon sound reward system”. Comment
Difference between personnel management and human resource management
Question 1: Why are organisations taking an interest in teams and team working? How far would you agree with the argument that the team rather than the individual should be re
Q. Increase efficiency of employees? Increased efficiency of employees: the efficiency of employees would be high when they are asked to participate in decision making. The com
objectives of STAR DESIGN
Draw a diagram illustrating the selection process.
What are the parts of knowledge subsystem The knowledge subsystem is designed for a) The acquisition, b) Creation, storage, c) Transfer and utilisation of knowledge.
Organizational Development Intervention Help
Explain the importance of knowledge management Enterprises need expertise in KM to sustain and enhance their competitive advantage of the organisation in an environment of grow
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd