piece rate


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Related to piece rate: Time Rate

piece rate

[′pēs ‚rāt]
(industrial engineering)
Wages paid per unit of production.
References in periodicals archive ?
The unknown variable was the effort of workers, and as long as workers and firms had no agreement over the piece rate, it may not have been in the interests of individual spinners to maximize their effort.
In our laboratory experiment, participants also have to choose between a piece rate and a tournament payment scheme before performing a task.
In the low meaning condition, the effect of meaning is significantly larger than the effect of what was deemed a typical piece rate in this setting (8%) and somewhat smaller than the effect of recognition in the form of the smiley button (19%).
Shanta Sinha, former chairman of NCPCR, says the piece rate is the worst form of exploitation, as the entire family, mostly children, get involved in production.
The work force was cut from 479 to 103 and modern processes and material flow technology were introduced with employees compensated at a fixed rather than piece rate.
For instance, the three-digit piece rate for letters will rise 4.
This new version makes it easier for service companies to handle the paychecks by yearly salary, hourly rate, commission, tips, project rate or piece rate.
We present evidence on the impact of piece rate financial incentives on students' school outcomes from a randomized field experiment in Nepal.
For example, if you buy a 5gram bangle, the making charges will be per piece rate.
Home based women workers in the country are usually identified as piece rate workers involved in manufacturing and post manufacturing parts as embroidery, carpet weaving, hand-loom, bangle making, prawn peeling, making incense sticks, filling match boxes.
2) When the piece rate is changed often, consequently shifting rates of pay and making it more difficult to adjust work effort, employees can become demoralized.