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Question

Formula of calculation of wages under Halsey Premium System is _________.

A
R+ % (ST)R
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B
T×R+ % (ST)R
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C
STS×T×R
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D
R×S×T
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Solution

The correct option is B T×R+ % (ST)R
Under this method a standard time is determined to produce one unit. Workers are encouraged to finish the job in less than the standard time. Wages is paid on the actual time taken plus an incentive or bonus is also given on the time saved.

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