Methods of Wage Payment in British Industry

according accurate addition advantage agreed allowed amount average basis bonus calculated cent changes co-partnership collective considerable costs difficulty direct earnings efficiency effort employed employee Engineering example experience factors firm fixed give given hand hour important improved incentive increase increase output individual industry interest introduced involved labour latter less lists London machine manufacturing means measurement ment merit rating method nature normal operation organization output paid payment by results percentage performance period piece piece-rate piece-work piece-work system plant possible practice problem production profit-sharing profits proportion rate-fixing reason receive reduced regarded relations Report rise saved scheme shares speed staff standard taken task tends time-rate time-study tion trade unions unit usually various vary wages week whole widely workers