Industrial Engineering and Prod'n Mgmt - Mechanical Engineering Questions and Answers

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Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

Halsey plan

Gantt plan

Rowan plan

Emerson's efficiency plan

Answer : Option A

Explanation :

Halsey plan wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved

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