Encyclopedia

multiple piece rate plan

multiple piece rate plan

[′məl·tə·pəl ′pēs ‚rāt ‚plan]
(industrial engineering)
A wage incentive plan wherein increasingly higher unit pay rates are given to the worker as his productivity increases.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
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