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Which incentive scheme guarantees a worker's time wage even if the job is not completed within the specified time?
  • a)
    Halsey scheme
  • b)
    Rowan scheme
  • c)
    Halsey-Weir scheme
  • d)
    None of the above
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which incentive scheme guarantees a worker's time wage even if the job...
The Halsey scheme guarantees a worker's time wage even if the job is not completed within the specified time. Under this scheme, the worker becomes entitled to a bonus if they are able to complete the job in less than the specified time. The bonus is equal to their time wage for 50% of the time saved in addition to the time wage for the actual time worked.
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Which incentive scheme guarantees a worker's time wage even if the job is not completed within the specified time?a)Halsey schemeb)Rowan schemec)Halsey-Weir schemed)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
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