Chapter 6 Wage Payment Systems.

Presentation on theme: "Chapter 6 Wage Payment Systems."— Presentation transcript:

1 Chapter 6 Wage Payment Systems

2 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

3 Vocabulary / phrase Meaning
6 Disadvantages/ cons 7 Employer 8 Employee 9 Supervision 10 Shirking 11 Quality 12 incentive

4 Different types of wage payment:
1. Piece Rate 2. Time Rate 3. Basic salaries plus commission 4. Profit sharing

5 6.1 Piece Rate Workers are paid according to their output

6 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。

7 Wage is paid according to the quantity of output produced by a worker.

8 6.2 Time Rate Workers are paid according to their working hours
Payment is made on an hourly, daily, weekly or a monthly basis

9 Example of Time rate:

10 Example of Time rate:

11 Example of Time rate:

12 6.3 Basic salary plus commission
Workers are given a basic salary Commissions will be awarded as a percentage of the sales volume

13 Example of Basic salary plus commission

14 Example of Basic salary plus commission

15 6.4 Profit Sharing A portion of the profit is distributed to workers as a wage payment.

16 Textbook P.39

17 If you were a employer, do you like to be paid in time rate?

18 If you were an employer, will you pay your worker in time rate?