Chapter 6 Wage Payment Systems
Glossary P.34 Vocabulary / phrase Meaning 1 Piece rate 2 Time rate 3 2 Time rate 3 Basic salaries plus commission 4 Profit sharing 5 Advantages/ pros
Vocabulary / phrase Meaning 6 Disadvantages/ cons 7 Employer 8 Employee 9 Supervision 10 Shirking 11 Quality 12 incentive
Different types of wage payment: 1. Piece Rate 2. Time Rate 3. Basic salaries plus commission 4. Profit sharing
6.1 Piece Rate Workers are paid according to their output
上班時間:大約早上五 點至下午四點(依當天 送貨量為主) 薪資: 以箱計費 工作內容:把貨件送到 客戶公司 工作要求:優先採用穩 定性高、曾有過送貨經 驗者。 此份工作非常費力,若 只有文書工作經驗者, 不建議嘗試。
Wage is paid according to the quantity of output produced by a worker.
6.2 Time Rate Workers are paid according to their working hours Payment is made on an hourly, daily, weekly or a monthly basis
Example of Time rate:
Example of Time rate:
Example of Time rate:
6.3 Basic salary plus commission Workers are given a basic salary Commissions will be awarded as a percentage of the sales volume
Example of Basic salary plus commission
Example of Basic salary plus commission
6.4 Profit Sharing A portion of the profit is distributed to workers as a wage payment.
Textbook P.39
If you were a employer, do you like to be paid in time rate?
If you were an employer, will you pay your worker in time rate?