Which of the following is an important reason why employers use piece rate systems in their compensation strategy?
A) It is difficult to predict labour costs accurately.
B) It helps with desired team behaviours.
C) Piece rates are simple to compute.
D) Piece rates promote team work.

Question

Quizplus · Accepted Answer

Piece rates are relatively straightforward to calculate because they are based on the amount of work completed or the number of units produced. This simplicity in computation makes it an attractive option for employers looking to implement a performance-based compensation system.

Which of the Following Is an Important Reason Why Employers