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

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

Show coverage benefits of fringe, Q. Show Coverage benefits of Fringe? ...

Q. Show Coverage benefits of Fringe? Coverage of benefits: it has been recognized that certain benefits must be supplied by the organization for its employees, regardless of wh

Describe mckinsey 7s framework, Question 1 What is the importance of mo...

Question 1 What is the importance of motivation? Explain Maslow's motivation theory Question 2 Describe the importance of planning and types of planning Quest

Communication - personnel planning, Communication: A communication sys...

Communication: A communication system  in an oraganisation serves  to supplement and complement training programmes for staff. Together these two  provide the synergetic effec

Developing capabilities of teams and individual contributors, Question 1: ...

Question 1: Performance Management is "a strategic and integrated approach to delivering sustained success to organisations by improving performance of the people who work

Taylors differential piece rate system, Q. Taylors differential piece rate ...

Q. Taylors differential piece rate system? Taylor's differential piece rate system (developed by the F W Taylor in the 1880): there is a low rate or for the o/p below the stand

Are you willing to relocate, Are you willing to relocate? If you want t...

Are you willing to relocate? If you want the job, the answer is 'yes'.However, remember that you never have to make a decision about a job until an Best offer is made to you –

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