What is the general principle behind the calculation of overtime wages in India? |
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In India, overtime wages are calculated at double the usual rate for any work done beyond 9 hours in a day or 48 hours in a week. |
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Fill in the blanks: Overtime work should be authorized by ___, and a list of required workers must be prepared by ___. |
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True or False: Overtime work is generally encouraged in all situations to meet production demands. |
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False. Overtime should be avoided as much as possible due to increased costs and potential decreases in productivity. |
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Control overtime work effectively.
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Fill in the blank: Labor productivity is measured as the amount of real GDP produced per ___ of labor. |
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True or False: Piece-rate systems guarantee a minimum wage for workers regardless of output. |
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False. Piece-rate systems do not guarantee minimum wages, as earnings depend directly on the quantity produced. |
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Job evaluation sets pay scales.
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What is the significance of controlling idle time in a manufacturing environment? |
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Controlling idle time is crucial to minimize labor costs, optimize productivity, and ensure effective utilization of resources. |
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