Discussion :: Industrial Engineering and Prod'n Mgmt
- Which of the following wage incentive plan is applied to all workers?
Answer : Option A
Explanation :
Under Halsey premium plan method, standard time for doing each job or operation is fixed and the worker is given wages for the actual time he takes to complete the job or operation at the agreed rate per hour plus a bonus equal to (usually) one-half of the wages of the time saved.
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