Difference between revisions of "Piece-rate pay"

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Revision as of 19:58, 25 March 2020

Piece-rate pay plan is a pay plan in which workers are paid a fixed sum for each unit of production completed.


Definitions

According to Organizational Behavior by Robbins and Judge (17th edition),

Piece-rate pay plan. A pay plan in which workers are paid a fixed sum for each unit of production completed.

Related concepts

Related lectures