differential piece-rate system
differential piece-rate system
[‚dif·ə′ren·chəl ′pēs ‚rāt ‚sis·təm] (industrial engineering)
A wage plan based on a standard task time whereby the worker receives increased or decreased piece rates as his or her production varies from that expected for the standard time. Also known as accelerating incentive.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.