Methods Used for Making Wage Payment to Workers | Essay | HRM

In this essay we will discuss about the top three methods used for making wage payment to workers. The methods are: 1. Time Rate Wage System 2. Piece-Rate Wage System 3. Incentive Wage System. Essay # 1. Time Rate Wage System: Under the scheme, wages are determined according to the time which the worker spends on the job assigned to [...]