Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?
A. Halsey plan
B. Gantt plan
C. Rowan plan
D. Emerson's efficiency plan
Answer: Option A
Solution(By Examveda Team)
Halsey plan wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time savedThis Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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It's Rowan Plan