Asked by Jalyn Lankford on May 10, 2024
Verified
Piece rates have experienced high discontinuation rates.
Piece Rates
A pay system where employees are compensated based on the amount of work completed, such as the number of items produced or tasks finished.
- Appreciate the motivational elements embodied in assorted bonus and salary schemes.
Verified Answer
ST
Sandy TorresMay 11, 2024
Final Answer :
True
Explanation :
Piece rates, which pay workers per unit produced, have often been replaced with hourly wages or salaries due to concerns about quality control and the potential for exploitation of workers. This has resulted in high discontinuation rates for piece rate systems.
Learning Objectives
- Appreciate the motivational elements embodied in assorted bonus and salary schemes.
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