Economics · Incentive Wage Plans
Match List I with List II: List I (Incentive Plan) a. Taylor's differential piece rate system b. Merrick's differential piece rate system c. Gantt task and bonus plan d. Halsey premium bonus system List II (Feature)1. 50% of time saved as bonus2. Basic piece rate up to 83% efficiency3. Does not guarantee minimum wages4. Bonus given as 20% of time rate at standard output
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- 1a-3, b-4, c-2, d-1
- 2a-2, b-4, c-1, d-3
- 3a-2, b-3, c-4, d-1
- 4a-3, b-2, c-4, d-1✓
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a-3, b-2, c-4, d-1
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