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Mechanical Engineering · Q136

Industrial Engineering And Production Management

Engineering and GATE · Mechanical Engineering · question 136

Q136

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

A.
Halsey plan
Answer
B.
Gantt plan
C.
Rowan plan
D.
Emerson's efficiency plan

Answer: Option A

Solution

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