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

MS-2, Borderless world, Diversity Management, and Knowledge power, are some...

Borderless world, Diversity Management, and Knowledge power, are some of the overarching factors being encountered by the Human Resource Mangers of 21st century business world”. Ho

Contents of the job description, Q. Contents of the job description? Co...

Q. Contents of the job description? Components / contents of the job description: 1. Job identification or organizational position which includes the job file, alternative t

Groupthink, Groupthink occurs when a group's overriding concern is with con...

Groupthink occurs when a group's overriding concern is with consensus and mutual agreement rather than to conduct a critical analysis of alternatives in order to reach the best dec

HR ETHICS, WHY WE NEED LEARN HR ETHICS, THE IMPORTANT OF HR ETHICS, THE REL...

WHY WE NEED LEARN HR ETHICS, THE IMPORTANT OF HR ETHICS, THE RELATIONSHIP ABOUT HRM AND ETHICS WHAT IS CSR.

Human resource management - personnel management, For long time people used...

For long time people used the phrase "personnel management" to describe the strategies to make sure that the human resource is used to achieve the business objectives. It was very

Repeated results in scientific reporting, Repeated Results If investiga...

Repeated Results If investigations yield identical results in identical conditions, then the results may be accepted as valid. To put it in other words, the validity of results

Apprenticeship, Apprenticeship: a major part of training time is spent on ...

Apprenticeship: a major part of training time is spent on the on the job productive work. Each apprentice is given a programme of assignments according to a predetermined schedule

Virtual teams, An increasingly common form of teamworking is the use of vir...

An increasingly common form of teamworking is the use of virtual teams, where members rarely interact face-to-face. A virtual team may include members from the same organisation wh

Qualitative methods, Discuss practical usefulness of measures of central te...

Discuss practical usefulness of measures of central tendency and measures of dispersion?

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