What are some advantages of offering an individual piece rate pay plan to the furniture builders...

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General Management

What are some advantages of offering an individual piece ratepay plan to the furniture builders at Metropolitan Furniture?

What are some advantages of offering a team-based incentive payplan?

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A piecerate pay system means that the laborer is paid per unit of creation Regardless of whether the unit of creation is a clay pot or a piece of composing an individual is paid by individual yield regardless of to what extent it takes Although at the outset working by piecerate may appear to be easier the piece rate pay system has advantages and disadvantages that you ought to consider Along these lines you can decide whether this is a system youre willing to work with Advantage 1Time Efficient Paying a laborer by yield encourages the specialist to manage time in order to increase the yield This also warrants less oversight as the    See Answer
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