Explain Gantt’s Task and Bonus Plan
What do mean by Gantt’s Task and Bonus Plan?
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In this, a minimum wage is definite. Lowest salary is given to everyone, who completes the job in specific time period. If the job is accomplished in least time, then there is an increment in wage-rate. This increment varies between 25% to 50% of the standard rate.
What are the purposes of Industrial Relation?
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