Gnatt Task Bonus System

Give a small introduction of the term ‘Gnatt Task Bonus System’?




This system is a grouping of piece rate and time rate. It offers minimum time rate payment. A elevated standard is set. The wage structure is set as below:

- Output under below standard - Minimum time rate payment.
- Output at the standard - Time wages in addition some raise in wage rates.
- Output above to standard - High piece rate for whole output.

   Related Questions in Accounting Basics

2015 ©TutorsGlobe All rights reserved. TutorsGlobe Rated 4.8/5 based on 34139 reviews.