If a worker gets a premium for extra 'output' than a 'set standard' is called?
Correct answer: A. standard hour plan
- A. standard hour plan
- B. standard piece rate
- C. standard piecework
- D. variable hour plan
Explanation
Under a standard hour plan, a worker receives a premium or bonus for completing more output, or the set task, in less than the standard time. A standard piece-rate system pays according to the number of units produced rather than a premium for beating the time standard.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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