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Instructions: For this assignment you will identify ways of compensating employees for their output rather than their time. Many companies pay people by the hour
Instructions: For this assignment you will identify ways of compensating employees for their output rather than their time. Many companies pay people by the hour when output might be more suitable. For example, Most retail stores and restaurants pay by the hour, and supplement employee pay through commissions or gratuities. Some manufacturing facilities pay employees by the hour, regardless of output, while others pay employees by the piece (i.e., piecemeal work). Identify two jobs that are typically compensated by the hour. For each of these jobs explain how an organization might design an output-based pay system for employees in these positions
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