Q124
Which of the following method of wage payment is most suitable where the speed of production is beyond the control of worker?
A.
Time rate system
AnswerB.
Piece rate system
C.
Halsey premium system
D.
Rowan premium plan
Answer: Option A
Solution
Answer: Option A
Solution:
Time rate system method of wage payment is most suitable where the speed of production is beyond the control of worker. The time rate system is that system of wage payment in which the workers are paid on the basis of time spent by them in the factory.