Piece rates typically
A)encourage greater effort from workers.
B)are more common than time rates.
C)are associated with the worker incurring less risk concerning one's income.
D)are more common among higher paying jobs.
E)do not reward skill.

Question

Quizplus · Accepted Answer

Piece rates typically encourage greater effort from workers because the more they produce or achieve, the more they will earn. This provides a strong incentive for workers to work harder and more efficiently in order to increase their earnings.

Piece Rates Typically