Bedeaux Plan Assignment Help

Assignment Help: >> Performance and Financial Incentives - Bedeaux Plan

Bedeaux Plan

Under this plan, all operation or job is expressed in terms of so several standard minutes, which are called 'Bedeaux points' or "B's", each B representing one minute through motion& time study. Upto 100% performance, for example: up to standard B's, a worker is salaried time wages without any premium for effectiveness. If the real performance exceeds the standard performance in terms of B's, then 75percent of the wages of the time saved is salaried to the worker as bonus and 25percent is earned by the foremen. For instance, if the standard time is 10 hours real time taken is 8 hours and rate per hour Re.1, the worker will obtain:

= 8 hours at Re 1 + 75% of 120 (points saved) x 1/60

= Rs 9.50.

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