In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on a merit rating system.
103) In Lincoln plan (one type of group incentive plan), the amount of the profit which an .employee receives in addition to the guaranteed basic pay/wages, is based on :
Answer is:
a merit rating system
Explanation:
Related Production and Industrial Engineering MCQ with Answers
Answer is:
Halsey premium plan
106) Which of the following plans motivates supervisors by paying a premium on time saved by workers
Answer is:
Haynes plan
Answer is: