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Calculate the following Piecework Award. Provide the hourly rate for each hour worked, and then the total earnings for the day. What would the earnings
Calculate the following Piecework Award. Provide the hourly rate for each hour worked, and then the total earnings for the day. What would the earnings be if no piecework award was given. Meaning, compare the wage of 7.25 for 6 hours of work to the wages this worker earned for going above standard. Do you believe this type of incentive plan will boost the productivity of the employees? What are your thoughts about this type of reward pay system? Hourly Pay Piece Work Standard Piece Work Incentive Award 7.25 10 0.75 First Hour Second Hour Third Hour Fourth Hour Fifth Hour Sixth Hour 10 above Standard 5 above standard no garments above 11 garments above 7 garments above 3 garments above U
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