Asked by Akshay Agarwal on Sep 24, 2024
Piece rate pay is
A) Compensation per dollar of profit of the company
B) Compensation per dollar of profit of the division
C) Compensation per piece a worker produces
D) Compensation per dollar of sales
Piece Rate Pay
A payment scheme in which workers are paid a fixed rate for each unit produced or task completed.
Worker Produces
Refers to the output or goods and services that are generated by an employee or a workforce.
- Comprehend the role of incentives in organizational performance and structure.
Learning Objectives
- Comprehend the role of incentives in organizational performance and structure.
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