3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
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3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
Q3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN] Fair Compensation
[AN] Taylor thought that since workers were paid directly in line with their output and efforts, piece-rate systems provided a more equitable form of compensation.
[AN+] This is consistent with "a fair day's wage for a fair day's work."
[KN] Increased Output
[AN] Workers are more likely to work harder and produce more when they have the possibility of earning more money through increased productivity
[AN+] An increase in the organization's overall output may arise from this.
[AN] Taylor thought that since workers were paid directly in line with their output and efforts, piece-rate systems provided a more equitable form of compensation.
[AN+] This is consistent with "a fair day's wage for a fair day's work."
[KN] Increased Output
[AN] Workers are more likely to work harder and produce more when they have the possibility of earning more money through increased productivity
[AN+] An increase in the organization's overall output may arise from this.
Kumail Alvi
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN] increase in Productivity
[AN] workers would start producing more as an incentive for earning more money would be made.
[AN+] this would result in an increase in output of the business and lower average costs due to increase in production.
[KN] will measure workers effort
[AN] As in peice rate money is given according to the number of products made whole in time rate same amount of money is given regardless of the effort spend by the workers.
[AN+] this results in motivation for workers to work harder and decreases labour costs of the business.
[AN] workers would start producing more as an incentive for earning more money would be made.
[AN+] this would result in an increase in output of the business and lower average costs due to increase in production.
[KN] will measure workers effort
[AN] As in peice rate money is given according to the number of products made whole in time rate same amount of money is given regardless of the effort spend by the workers.
[AN+] this results in motivation for workers to work harder and decreases labour costs of the business.
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN] Increased Productivity
[AN] encourage workers to produce more because they are paid on the amount of work they do.
[AN+] This motivates employees to work efficiently and produce more in less time.
[KN] Improved Quality
[AN] workers may focus more on the quality of goods they produce thus maximising their earnings.
[AN+] which can lead to better product quality being produced
[AN] encourage workers to produce more because they are paid on the amount of work they do.
[AN+] This motivates employees to work efficiently and produce more in less time.
[KN] Improved Quality
[AN] workers may focus more on the quality of goods they produce thus maximising their earnings.
[AN+] which can lead to better product quality being produced
SRaza
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN]piece rate provides employees with more incentive to produce
[AN]this increases their productivity and speed of work
[AN+]this provides the business with hgiher outputs and lower acerage costs
[KN]it gives employees a sense of empowerment as they earn every penny with their hard work
[AN]this increases job satisfaction and engagement
[AN+]this increases employee retention and reduces costs for the business as they wont have to spend time looking for new workers
[AN]this increases their productivity and speed of work
[AN+]this provides the business with hgiher outputs and lower acerage costs
[KN]it gives employees a sense of empowerment as they earn every penny with their hard work
[AN]this increases job satisfaction and engagement
[AN+]this increases employee retention and reduces costs for the business as they wont have to spend time looking for new workers
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- Enterprise Emperor
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[kn] incentive for higher productivity [an] idea behind the piece-rate system is that workers are paid based on the quantity of output they produce. This creates a direct correlation between effort and earnings[an+]which provides workers with an motivation to work harder increasing their productivity
[kn]fair compensation [kn] piece-rate system provides a fair method of compensation, as workers are compensated in proportion to their output. [an+]thus it provides a just distribution of income which will improve employee satisfaction
[kn]fair compensation [kn] piece-rate system provides a fair method of compensation, as workers are compensated in proportion to their output. [an+]thus it provides a just distribution of income which will improve employee satisfaction
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN] increase efficiency
[AN] With an FW Taylors system the workers were more efficient and produced more in less time
[AN+] Due to this the output of the business increased
[KN] improved quality
[AN] When FW Taylor's system is used the workers would be more focused on their work thus producing high-quality products
[AN+] When this the business was able to improve their brand image and increase market share
[AN] With an FW Taylors system the workers were more efficient and produced more in less time
[AN+] Due to this the output of the business increased
[KN] improved quality
[AN] When FW Taylor's system is used the workers would be more focused on their work thus producing high-quality products
[AN+] When this the business was able to improve their brand image and increase market share
IBRAHIM
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN] Since the business is relating the output of a employee with their income levels, more desire for income leads to more input by an employee
[AN] less wastage of time by employees as they are focused on output by the employee
[AN+] win-win situation for both the business and the employee as the business is enjoying economies of scale and the employee earning potential is also increasing
[KN] measurability of performance would be easy for the business
[AN] fair appraisal system
[AN+] develop a sense of accountability in business making each employee work towards meeting targets
[AN] less wastage of time by employees as they are focused on output by the employee
[AN+] win-win situation for both the business and the employee as the business is enjoying economies of scale and the employee earning potential is also increasing
[KN] measurability of performance would be easy for the business
[AN] fair appraisal system
[AN+] develop a sense of accountability in business making each employee work towards meeting targets
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
Increased output efficiency
Piece rate systems are performance based pay so workers naturally work harder to achieve their targets to get paid enough thus the system can be used as a sort of motivation for the employees to work harder
This method is simple to understand and wages to be paid to a worker can easily be calculated It offers good incentives to efficient workers thus a win for both the employer and employees
Piece rate systems are performance based pay so workers naturally work harder to achieve their targets to get paid enough thus the system can be used as a sort of motivation for the employees to work harder
This method is simple to understand and wages to be paid to a worker can easily be calculated It offers good incentives to efficient workers thus a win for both the employer and employees
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[kn] Since the business is relating the output of a employee with their income levels more desire for income leads to more input by an employee
[an] thus less wastage of time by employees as they are focused on output by the employee
[an+] win-win situation for both the business and the employee as the business is enjoying economies of scale and the employee earning potential is also increasing
[kn] measurability of performance would be easy for the business
[an] leading to a fair appraisal system
[an+] develop a sense of accountability in business making each employee work towards meeting targets
[an] thus less wastage of time by employees as they are focused on output by the employee
[an+] win-win situation for both the business and the employee as the business is enjoying economies of scale and the employee earning potential is also increasing
[kn] measurability of performance would be easy for the business
[an] leading to a fair appraisal system
[an+] develop a sense of accountability in business making each employee work towards meeting targets
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
(kn) as output of the business is being compared with the income of the worker,they will work more to gain more
(an) as they want more income they will try to avoid any wastage of time
(an+) this deal between the two will achieve the goal of both the party
(kn)measuring their performance will be easy
(an)fair appraisal system
(an+)their will be a sense of achievement for the employee and this would also keep them motivated
(an) as they want more income they will try to avoid any wastage of time
(an+) this deal between the two will achieve the goal of both the party
(kn)measuring their performance will be easy
(an)fair appraisal system
(an+)their will be a sense of achievement for the employee and this would also keep them motivated
Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
boost productivit
[AN] The workers produced more in less time and were more efficient when using an FW Taylors system
[AN+]. As a result, the company's output rose.
enhanced caliber
[AN]When employees apply FW Taylor's method, they will be more focused on their work and produce higher-quality goods.
(AN+) As a result, the company was able to enhance its reputation and
[AN] The workers produced more in less time and were more efficient when using an FW Taylors system
[AN+]. As a result, the company's output rose.
enhanced caliber
[AN]When employees apply FW Taylor's method, they will be more focused on their work and produce higher-quality goods.
(AN+) As a result, the company was able to enhance its reputation and
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Re: 3 Analyse the benefits of introducing piece rate system, as stated by FW Taylor. [6]
[KN] Increase in productivity.
[AN] Workers will be more encouraged to produce as many units they can which will increase efficiency too.
[AN+] Thus this would result in increase in company's output with greater market share.
[KN] Cost reduction.
[AN] With increased efficiency and productivity their will be less wastage and so the cost attached to it will also be saved.
[AN+] Thus this will boost the company reputation with greater customer satisfation.
[AN] Workers will be more encouraged to produce as many units they can which will increase efficiency too.
[AN+] Thus this would result in increase in company's output with greater market share.
[KN] Cost reduction.
[AN] With increased efficiency and productivity their will be less wastage and so the cost attached to it will also be saved.
[AN+] Thus this will boost the company reputation with greater customer satisfation.