Under this pay system, each worker receives the minimum hourly wage plus an incentive for each piece produced above a set number of pieces per hour.This system is known as a
A)piecework plan.
B)minimum hourly wage plan.
C)guaranteed piecework plan.
D)gainsharing plan.
E)straight piecework plan.

Question

Quizplus · Accepted Answer

A guaranteed piecework plan combines a minimum hourly wage with an incentive for producing above a set number of pieces, ensuring workers receive a base pay plus additional earnings for higher productivity.

Under This Pay System, Each Worker Receives the Minimum Hourly