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Discussion :: Industrial Engineering and Prod'n Mgmt

  1. The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as

  2. A.

     Rowan Plan

    B.

     Taylor Differential Piece rate system

    C.

     Halsey Premium plan

    D.

     Day work plan

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    Workspace

    Answer : Option C

    Explanation :

    The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Halsey Premium plan


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