Q125
Under which method of wage payment, wages are influenced by idle time?
A.
Straight piece rate
B.
Differential piece rate
C.
Premium and bonus plan
D.
Time wage rate
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Under Time wage rate method of wage payment, wages are influenced by idle time. Under time wage system, wages are paid on the basis of time spent on the job irrespective of the amount of work done.