Created by dramaqueen72
almost 11 years ago
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Question | Answer |
What is Time Rate? | Paid the same amount per hour |
Advantages of time rate? | Same job = Same wages = Fair |
Disadvantages of time rate? | May work slowly so they can get over time |
What is over time? | Getting paid for working over normal hours |
Who can get over time? | Shop assistants |
Advantages of Over time? | Better work if they stay behind |
Disadvantage of Over time? | Employees may work slowly to stay behind and get more money |
What is piece rate? | Paid for how many products they produce |
Who gets piece rate? | Factory Workers |
Advantage of piece rate? | Motivation |
Disadvantage of Piece Rate? | Need for Speed makes poor work |
What are bonuses? | Extra money for good work |
Advantages of Bonuses? | Motivation |
Disadvantage of Bonuses? | Jealousy |
What is fixed rate? | Getting paid the same amount monthly |
Who gets fixed rate? | Teachers |
Advantages of Fixed Rate are... | You can plan ahead |
Disadvantages of Fixed Rate are... | They have no motivation to do well |
What is Commission? | Getting paid by the percentage of items you sell |
Who gets Commission? | Car Sales People |
What are advantages of Commission? | Motivation |
What are disadvantages of Commission? | Employees may leave if they can't sell |
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