Axis
Valued Contributor
before I go into detail on this particular topic I would like to notify that piece rate system is under wages this is the kind of system when the wages are being paid to label that is labour as based on the work. that is the output of a particular worker is accurately measured and then he is paid accordingly.
and this kind of system is being practice when some following conditions are right that is
when there is a large-scale production that is when goods that had to be produced as being manufactured in large quantity this required for which is to be paid in a piece-rate system
and also this kind of system you didn't practice when supervision is not necessary.
and the output of the work done by a worker should easily be measured this 16 cannot be practice when the work done is too much because it might cause some complications
now what if a economic system of a country practice or paid wages through this kind of system that is the piece-rate system this will tend to improve the rate of the work of hard work being done by workers in a particular business or company.
and you know that when they work as exhibit a quality of hard work in an economy this will promote production of goods and supply of goods will increase in such country.
and this kind of system is being practice when some following conditions are right that is
when there is a large-scale production that is when goods that had to be produced as being manufactured in large quantity this required for which is to be paid in a piece-rate system
and also this kind of system you didn't practice when supervision is not necessary.
and the output of the work done by a worker should easily be measured this 16 cannot be practice when the work done is too much because it might cause some complications
now what if a economic system of a country practice or paid wages through this kind of system that is the piece-rate system this will tend to improve the rate of the work of hard work being done by workers in a particular business or company.
and you know that when they work as exhibit a quality of hard work in an economy this will promote production of goods and supply of goods will increase in such country.
