The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as________?

Academy of PakistanTest & Learning

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Academy of PakistanTest & Learning

804Active Users

42Mechanical EngineeringMedium

AHalsey Premium plan

BBedaux Plan

CRowan Plan

DDay work plan

ETaylor Differential Piece rate system

Correct answer

A. Halsey Premium plan

Explanation

The correct answer is Halsey Premium plan.

The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as________? - Answer and Explanation | Academy of Pakistan