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standard-hour plan |
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standard-hour plan [′stan·dərd ¦au̇r ′plan]
(industrial engineering) A wage incentive plan in which standard work times are expressed as standard hours and the worker is paid for standard hours instead of the actual work hours. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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