Piece-rate pay
Revision as of 19:58, 25 March 2020 by Gary (talk | contribs) (Gary moved page Piece-rate pay plan to Piece-rate pay)
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.