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Antara Mandal
on Oct 16, 2024

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What is a key advantage of piece rate pay systems?

A) They reduce the need for external control of employees through supervision.
B) They create team work.
C) They link pay to group effort.
D) They encourage "rate busters."

Piece Rate Pay Systems

A compensation method where workers are paid a fixed sum for each unit of production completed, incentivizing higher productivity.

External Control

Regulatory or supervisory mechanisms imposed by external entities to govern the operations and behaviors of organizations.

  • Understand the driving factors behind diverse salary and incentive programs.
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Rylee WilliamsOct 21, 2024
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