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.
email to a friend
print this definition
cite this definition
link to this page
Taylor wage system is in the Accounting & Auditing and HR, Teams, & Training subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/Taylor-wage-system.html