Hasley Weir Premium Method
Give a small introduction of the term ‘Hasley Weir Premium Method’?
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This system is a divergence of Halsey Premium Method however it has an exception that the ratio of sharing among the worker and the employer is set as 1/3: 2/3. The calculation of wage is same as in the case of Hasley Weir Premium method. (AH X HR) + [{(SH – AH) X HR}/2] (supposing 50% - 50% sharing) (AH - Real Hours, SH - Standard Hours, HR - Hourly Rate)
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