Demerits of Time Rate Wage System
What are the demerits of Time Rate Wage System?
Expert
Following are the demerits of Time Rate Wage System:
1 It does not take in to account the ability and capacity of the workers so the skilful and more capable workers who have higher production efficiency will demoralize.
2 Time rate system is unrelated to the productivity and does not provide extra motivation for extra efforts by the workers.
3 The labor charges for a particular job do not remain constant. This put the management in a difficult position in the matter of quoting rates for a particular piece of work.
4 There is a possibility of systematic evasion of work by the workers, since there is no specific target or demand for specific quantity of work by the management.
5 Time rate system does not ask for maintaining individual workers record, it becomes difficult for the employer to determine his relative efficiency for the purpose of performance evaluation for future promotion or rewards. Thus it does injustice to the outstanding employees.
Write down the major components of human resource planning?
Illustrate what are the disadvantages of Job Enrichment?
What do you understand by the term Direct Methods?
What are the Personnel Activities or Functions in HRM?
What are the four basic grounds for which Training is given?
Illustrate the different Functions of HRM?
Describe what do you mean by Degree of Structure?
How do you appoint a perfect PR person?
What do you understand by Job Specification?
What is the basic reason for the formation of the trade union?
18,76,764
1927903 Asked
3,689
Active Tutors
1414680
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!