Q21
Bonus under Rowan scheme is paid ________.
A.
as a proportion of standard time to actual time
B.
as a proportion of actual time to standard time
C.
as a proportion of time saved to standard time
AnswerD.
as a proportion of standard time to time saved
Answer: Option C
Solution
Answer: Option C
Solution:
Bonus under Rowan scheme is paid as a proportion of time saved to standard time. In the Halsey Plan, bonus is usually set at 50% of the time saved. It does not serve as a strong incentive. On the other hand under the Rowan Plan, bonus is that proportion of the wages of the time taken which the time saved bears to the standard time.