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Gantt promoted a task-and-bonus pay plan that modified Taylor's "a fair day's pay for a fair day's work" premise. If a worker took more than the standard time, his pay was docked. If he took less time, he was paid for the additional pieces of work and a bonus of up to 20% more. This was also known as the incentive system a bonus plan the progressive rate system

Gantt promoted a task-and-bonus pay plan that modified Taylor's "a fair day's pay for a fair day's work" premise. If a worker took more than the standard time, his pay was docked. If he took less time, he was paid for the additional pieces of work and a bonus of up to 20% more. This was also known as the incentive system a bonus plan the progressive rate system

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Gantt promoted a task-and-bonus pay plan that modified Taylor's "a fair day's pay for a fair day's work" premise. If a worker took more than the standard time, his pay was docked. If he took less time, he was paid for the additional pieces of work and a bonus of up to 20% more. This was also known as the incentive system a bonus plan the progressive rate system
Transcribed Image Text:Gantt promoted a task-and-bonus pay plan that modified Taylor's "a fair day's pay for a fair day's work" premise. If a worker took more than the standard time, his pay was docked. If he took less time, he was paid for the additional pieces of work and a bonus of up to 20% more. This was also known as the incentive system a bonus plan the progressive rate system
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