Emerson wage incentive plan
Emerson wage incentive plan
[′em·ər·sən ′wāj in‚sen·tiv ‚plan] (industrial engineering)
A plan comprising time wages to 66⅔% of standard performance, empiric bonuses from there to standard performance, ending at 120% time wages, and thereafter a straight-line earning which is 20% above and parallel to basic piece rate.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.