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

Related Mcqs:

1. 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

2. 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_________________?

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

3. 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

4. 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

5. 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

6. Which of the following is not wage incentive plan_________________?

   A. differential piece rate system
   B. Rowan plan
   C. Emerson plan
   D. Taylor plan
   E. Halsey plan

7. 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

8. 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

9. If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be______________________?

   A. 2 HA
   B. 1.33 HA
   C. 1.5 HA
   D. 1.15 HA
   E. 2.5 HA

10. 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%