Labour cost is one of the important element of production. Wages and other incentives of employees remuneration constitute a very large component of operating costs. No organization can expect to attract and attain qualified and motivated employees unless it pays them fair remuneration. Employees remuneration, therefore influences vitally the growth and profitablity of the company. In order to attract and retain the employees various types of incentive schemes has been introduced, the incentive schemes is designed for Individual employees as well as the Group of employee to achieve the organizational goals. The scheme should be based on works study, and the work contents of various jobs should be stabilized.It Recognizes the individual differences in ability and contributions. If in any company labour turnover is high it shows the instability of labour which may lead to inefficiency of work. There are various causes and different methods to measure the labour turnover. 11 In which of the following bonus scheme, 1 percent of bonus is added for every 1 percent increase in efficiency? t of a. Accelerating premium bonus plan b. Emersons efficiency sharing plan c. Barth variable sharing plan d. Bedaux point premium plan 12 Which of the following wage plan is introduced specifically to attract newly recruited and skilled employees who are motivated to learn work? t of a. Accelerating premium bonus plan b. Barth variable sharing plan c. Emersons efficiency sharing plan d. Bedaux point premium plan 3 Identify the incentive scheme in which the bonus is paid to workers at an increased rate according to more time saved. tof a. Barth variable sharing plan b. Emersons efficiency sharing plan c. Accelerating premium bonus plan d. Bedaux point premium plan