Incentive Wage Plans for Workers | Wage Plans | Personnel Management

This article throws light upon the six main types of incentive wage plans for workers. The types are: 1. Halsay's Plan 2. Rowan Plan 3. Taylor's Differential Piece Rate System 4. Gant’s Plan 5. Merrick’s Multiple Piece Rate System 6. Beadux Plan. Type # 1. Halsay's Plan: It was formulated in 1891 by Mr. F.A, Halsay of America. The plan [...]