Piece-Rate Wages

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Piece-Rate Wages

 

wages based on the quantity and value of goods produced during work time.

Under the conditions of socialism, piece-rate wages play an important role in raising labor productivity and in combining social and workers’ personal interests. They encourage better worker qualification, efficient organization of labor resources and industrial processes, and better use of equipment. They also contribute to the development of new forms of socialist emulation (seeWAGES).

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
Mentioned in ?
References in periodicals archive ?
Employers who do not pay an hourly rate for all hours worked in addition to piece-rate wages must also list on the itemized statements the total hours of other nonproductive time, rate of compensation for that time and gross wages paid for that time during the pay period.
Further, SOEs tended to have fixed wage arrangements, and TVEs had various types of piece-rate wages. One study reported that less than 10 percent of TVEs workers were paid by the hour; the rest were subject to some form of piece-rate payment.
Provisional Regulations Concerning Piece-Rate Wages in State-Owned Enterprises.
And if their piece-rate wages amount to less than minimum wage for the pay period, the employer must supplement their wages so that it reaches this amount.
Both time and piece-rate wages can be found in w-h tenancies (though at distinct locales and/or times).
Accustomed to a work pace driven by piece-rate wages, the women were constantly hearing pleas from their male co-workers to slow down!
Exploiting this link to recover productivity from piece-rate wages can provide direct evidence on worker productivity within a firm.(2) Yet, piece-rate compensation schemes also have incentive effects on workers.
Hourly earnings represent gross wages for time worked, including time or piece-rate wages, shift and overtime supplements, regularly paid bonuses and premia.
Employers continued to use piece-rate wages in this situation to induce optimal utilization of the new machines.
Our evidence indicates that there is substantial heterogeneity in workers' contributions to output, as measured by the inter-worker variability in piece-rate wages. While a substantial portion of individual worker skills are rewarded in time-rate wages, the evidence suggests that there is also considerable ignorance among employers about individual differences in worker abilities, with the degree of diffusion of information about worker abilities differing across the Indian and Philippines settings.
Under the ALRA, employees of FLCs are employees of the farm on which the FLC works; many FLC workers are paid piece-rate wages, many FLC employment records are handwritten, some workers have several social security numbers, and many FLCs do not keep the wage and employment records required to make the individual calculations mandated by the Board.