Rowan premium plan, HR Management

Assignment Help:

Rowan premium plan: it is widely used in the England. It was introduced by James Roman of David Rowan and sons, Glass raw in 1901. It is modification in the Halsey plan. The premium is calculated on a per cent of wages for the time worked and not for the time saved.

Merits of Rowan premium plan:

1. The total bonus earned does not does not increase in the same proportion in which the efficiency increases and thus there is no possibility of over speeding.

2. There is less cost of supervision.

3. The plan is good for beginners and learners.

4. There is no inducement to the worker to rush through the work.

Demerits of Rowan premium plan:

1. No difference id made b/w efficient and inefficient worker.

2. It is difficult for the workers to understand.

3. As the time saved increases (or efficiency increases), the bonus will be a decreasing proportion.


Related Discussions:- Rowan premium plan

What is job enrichment, Question 1: Give your views on the fundamental ...

Question 1: Give your views on the fundamental considerations which should underlie the recruitment and selection of staff. Outline the basic stages in a planned and systemati

Show the surveys findings using the concept of empowerment, Question: A...

Question: A recent survey by the Mauritius Employees Association has shown that the positive benefits of team-working may be largely associated with self-directed or self-manag

Explain the communication network, Question 1: Explain carefully the co...

Question 1: Explain carefully the communication network to which you belong. Draw a diagram of the network. List the advantages and the disadvantages of such a network. Que

Management development, Management Development Managers are the indisp...

Management Development Managers are the indispensable resources, the invaluable assets of an organisation. They produce creative ideas, convert them into concrete action plans

Recruitment, what is the process of recruitment

what is the process of recruitment

Career management, Career management: career management is the process of ...

Career management: career management is the process of designing and implementing goals plans and strategies to enable the organization to satisfy employee needs while allowing in

Factors affecting performance appraisal, Q. Show Factors which affecting pe...

Q. Show Factors which affecting performance appraisal ? 1. Organizational leadership: the leadership at the top to determine to a large extent the loyalty and commitment of the

Responsibility of hr professionals, What Do You Think about the Poll? Wh...

What Do You Think about the Poll? What do you think about the results of the poll that you and your classmates took? Once more people have joined this discussion, check back

Recuitandselectcandidatestofilldefinedposition, Drawadiagramshowingthefives...

Drawadiagramshowingthefivestepsintheselectionprocesss

Basic techniques of job design, Q. Basic Techniques of job design ? Work...

Q. Basic Techniques of job design ? Work simplification: in this technique, the job is simplified or specialized. A given job is broken down into small sub sections (making a ca

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