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3. In Trade Links, employees are paid on the basis of piece rate basis. Badar and Asem work in Trade Links in different divisions. The
3. In Trade Links, employees are paid on the basis of piece rate basis. Badar and Asem work in Trade Links in different divisions. The employee is also assured a guaranteed time rate which is paid if the piece work earnings are less than the times rate. Calculate the Gross Pay? 1 Guaranteed Time Rate (per unit) Name of employee Badar Asem Piecework Piecework (per week) rate (RO) 200 1.150 250 0.750 40 hours @RO4.500 per hour 40 hours @RO5.000 per hour 4. In Modern Trade Links, employees are paid on piece rate basis. The company also pays a guaranteed time rate if earnings are below than the time rate. Details of employees' performance for last one week are given below; Name of Piecework Piecework Guaranteed Time Rate (per unit) employee (per week) rate (RO) Mujeed 500 0.500 40 hours @RO4.5 per hour Majid 400 0.300 50 hours @RO3.5 per hour Sudeer 300 0.750 40 hours @ROS.0 per hour Talib 400 0.400 40 hours @RO3.5 per hour
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