Thursday, June 12, 2014

Questions with Answers on Labour Cost

Questions with Answers on Labour Cost
Direct & Indirect Labour, Work Study, Method Study, Job Analysis and Job Evaluation, Merit
Rating, Casuals and Out Workers. Methods of Remuneration - Time Rate System, Piece Rate
System, Incentives Plans – Pre requisites of Good Incentive Plan, Various Incentive Plans –
Halsey Premium Plan, Rowan Plan, Taylor’s Differential Pi ece rate System, Merrick’s
Differential Piece Rate System (Multiple Piece Rate System),Emerson’s Efficiency Plan, Bedaux

Plan.

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