Payment through results system of remuneration
Briefly describe payment through results system of remuneration. And also write down its sub-methods?
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Below results system of remuneration, workers are paid along with the production accomplished by them. Time attended by the workers is unimportant.
Following are the sub-methods which are illustrated below:
i) Piece Rate with definite Time Rate
ii) Straight Piece Rate System
iii) Difference Piece Rate System
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