Asked by
Ahanaf Rasheed
on Oct 30, 2024Verified
A piecework rate plan is best suited for
A) HR professionals.
B) executives.
C) production workers.
D) managers.
E) knowledge workers.
Piecework Rate Plan
A compensation system where employees are paid a fixed rate for each unit of production completed, encouraging productivity and efficiency.
Production Workers
Employees who are directly involved in the manufacturing process of goods, playing a crucial role in operational efficiency and product creation.
- Analyze the suitability of different incentive plans for various types of jobs and employee roles.
Verified Answer
SM
Learning Objectives
- Analyze the suitability of different incentive plans for various types of jobs and employee roles.
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