Bedaux Point System of premium payment

Question

Give brief introduction of Bedaux Point System of premium payment?

Answer 1

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.