Which of the following is an individual incentive plan devised by Frederick W.Taylor that pays one rate for all acceptable units produced up to some standard and then a higher rate for all pieces produced if the output exceeds the standard?
A) Differential piece rate plan
B) Dual exchange rate system
C) Time-and-a-half for overtime system
D) Commission plan

Question

Quizplus · Accepted Answer

In 1895, Frederick W. Taylor proposed his differential piece rate plan. Under Taylor's plan, one rate is paid for all acceptable units produced up to some standard, or predetermined amount, and then a higher rate for all units produced if the output exceeds the standard.

Which of the Following Is an Individual Incentive Plan Devised