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Mechanical Engineering · Q36

Industrial Engineering And Production Management

Engineering and GATE · Mechanical Engineering · question 36

Q36

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

A.
Rowan Plan
B.
Taylor Differential Piece rate system
C.
Halsey Premium plan
Answer
D.
Day work plan

Answer: Option C

Solution

Answer: Option C
Solution:
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