Method of remunerating the workers
Write down the different method of remunerating the workers?
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Different methods of remunerating the workers are illustrated below: i) Remuneration on Work Basis.
ii) Remuneration on Time Basis.
iii) Non-monetary incentives
iv) Indirect monetary remuneration
a.) Profit sharing
b.) Co-partnership
v) Incentive or Bonus Systems.
a.) Individual Incentive Systems
b.) Group Incentive Systems.
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