Wage Incentives as a Managerial Tool |
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Page 11
... Halsey Premium Plan . The Halsey Premium Plan is closely related to the standard hours plan . In fact , one ver- tailed discussion of the technical aspects of different wage incentive formu- lae , see : Lytle , Wage Incentive Methods ...
... Halsey Premium Plan . The Halsey Premium Plan is closely related to the standard hours plan . In fact , one ver- tailed discussion of the technical aspects of different wage incentive formu- lae , see : Lytle , Wage Incentive Methods ...
Page 12
William B. Wolf. sion of the Halsey plan ( the 100 percent premium plan ) is identical with the standard hours plan.19 The more com- mon version of the Halsey plan provides that employer and employees share the savings in direct labor ...
William B. Wolf. sion of the Halsey plan ( the 100 percent premium plan ) is identical with the standard hours plan.19 The more com- mon version of the Halsey plan provides that employer and employees share the savings in direct labor ...
Page 13
... Halsey plan and the Rowan Plan is that under the former the sharing of savings between workers and employer is ... Halsey 75-25 sharing plan . Recently the plan has been revised so that the work- ers receive 100 percent of time saved ...
... Halsey plan and the Rowan Plan is that under the former the sharing of savings between workers and employer is ... Halsey 75-25 sharing plan . Recently the plan has been revised so that the work- ers receive 100 percent of time saved ...
Contents
THE NATURE OF WAGE INCENTIVES | 3 |
THE IMPACT OF WAGE INCENTIVES ON MANUFACTURING | 17 |
Management Activities Associated with the Administra | 48 |
Copyright | |
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Common terms and phrases
applied ards arises asbestos average earnings bonus earnings Bundy Tubing ceilings on output centives determined device differentials double seamer downtime effort employees established example factory foreman function George Reynolds grievances over standards Halsey Harvard Business Review Hence impact of wage Incentive Wage incentive workers increased output industrial engineer installation interviews investigation job conditions job evaluation labor costs labor market Leopold Infeld loose rates loose standards machine management's manufacturing plant ment methods changes motion study motivating workers operation percent bonus Piece Rate Plan piecework plant manager plant manufacturing pressure problems procedure production rank-and-file workers rate cutting rate of output rate of pay reported Restriction of Output revealed Rowan setting standards slowdown standard hours standards of output standards of performance supervisors technique tend tendency tion tive union union steward wage incentive plan wage incentive system Wage Payment wage structure War Production Board York