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

Human resources management, Explain how the role of the Human Resources fun...

Explain how the role of the Human Resources function (HR) has changed from the past when the following were held to be true. i) "HR deals with the soft side of a business and th

What are the elements of total rewards, Question 1 Explain the need for tal...

Question 1 Explain the need for talent management? Question 2 Describe talent selection and talent alignment Question 3 Write a brief note on ‘promoting ethical behaviour' in

What do you understand by human resources management, Question 1: What ...

Question 1: What do you understand by human resources management and how does the effective management of human resources ensure the success of an organisation? Question 2

Team performance outcomes and behaviours, How well a team performs will dep...

How well a team performs will depend on how effectively it achieves its goals, and on how efficiently it uses its resources. It involves how well the team meets (or exceeds) expect

Self recoding of diary for the job analysis, Q. Self recoding of diary for ...

Q. Self recoding of diary for the job analysis? Self recoding of diary: in this method the job incumbent is asked to record his diary activities each day using some type of log

Classifying secondary and tertiary information sources, Classifying Seconda...

Classifying Secondary and Tertiary Information Sources : Secondary and tertiary sources are usually in the form of books or recorded materials which are commonly stored in librari

Determine the repository view of knowledge management, Determine The reposi...

Determine The repository view of Knowledge management The repository view of KM emphasises the gathering, giving, and filtering of explicit knowledge as the information held i

What do you mean by expartite enquiry, Q. What do you mean by Expartite enq...

Q. What do you mean by Expartite enquiry? Expartite enquiry : when the work man does not turn up for the enquiry without notice or reasonable cause or refuses to participate o

What do you mean by personality test, Q. What do you mean by Personality te...

Q. What do you mean by Personality test? Personality test: these tests probe deeply to discover clues to an individual's value system, his emotional relations and maturity and

Explain about knowledge society environment, Explain about knowledge societ...

Explain about knowledge society environment In a knowledge society environment, application of the emerging ICTs is perceived as an instrument that can contribute to the enhanc

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