Taylor wage system
Definition
Work-study based compensation method in which the wage per-piece increases as the worker speeds up his or her output. This scheme offers greater incentive than the straight piece rate method in which a fixed amount per unit of output is paid. See also Taylorism.
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Taylor wage system is in the Accounting & Auditing and HR, Teams, & Training subjects.
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http://www.businessdictionary.com/definition/Taylor-wage-system.html







