Bedaux Point System of premium payment
Give brief introduction of Bedaux Point System of premium payment?
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The standard time is alienated into standard minutes; each and every standard minute is identified as Bedaux Point or B. The wages to be paid to the worker are calculated as below: Wages = Real Hours X Hourly Rate + 75 % of BS X Hourly Rate 60 (BS (Number of B’s saved) = B’s earned and standard B’s permitted for the job) This system needs a system of work learning as it is hard to understand and involves many secretarial efforts.
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