The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as_________________?

Related Mcqs:

1. The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as_________________?

   A. Rowan Plan
   B. Bedaux Plan
   C. Taylor Differential Piece rate system
   D. Halsey Premium plan
   E. Day work plan

2. In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches__________________?

   A. 50%
   B. 661%
   C. 75%
   D. 80%
   E. 90%

3. In the Halsey system of wage incentive plan, a worker is ________________?

   A. paid as per efficiency
   B. ensured of minimum wages
   C. not paid any bonus till his efficiency
   D. never a loser
   E. induced to do more work

4. In Lincoln plan (one type of group incentive plan), the amount of the profit which an .employee receives in addition to the guaranteed basic _________________?

   pay/wages, is based on :
   A. a standard rating system
   B. a merit rating system
   C. a job evaluation system
   D. his individual performance
   E. all of the above

5. The difference between the time available to do the job and the time required to do the job, is known as_________________?

   A. event
   B. float
   C. duration
   D. constraint
   E. none of the above

6. Which of the following incentive plansrensures a part of the swing to the worker and rest to the employer_______________?

   A. Emerson efficiency plan
   B. Taylor plan
   C. Halsey premium plan
   E. Gilberth plan

7. Which one of the following represents a group incentive plan ?

   A. Scanlon Plan
   B. Rowan Plan
   C. Bedaux Plan
   D. Taylor Differential Piece Rate System
   E. Halsey Premium Plan

8. Which one of the following represents a group incentive plan ?

   A. Halsey Premium Plan
   B. Bedaux Plan
   C. Lincoln Plan
   D. Rowan Plan
   E. Taylor Plan

9. One of the basic essentials of an incentive plan is that_________________?

   A. a differential piece rate system should exist
   B. minimum wages should be guaranteed
   C. provide incentive to group efficiency performance
   D. all standards should be based on optimum standards of production
   E. all standards should be based on time studies

10. The objective of time study is to determine the time required to complete a job by_______________?

    A. fast worker
    B. average worker
    C. slow worker
    D. new entrant
    E. any one of the above