Question

Under the Halsey premium plan ________.

• A. a standard output is fixed based on an average worker's result of past efforts
• B. a standard of work is prescribed
• C. the worker is allowed a certain time within which he is required to complete his job
• D. there is no graduated scale and the worker receives his bonus only if he attains the required standard of efficiency

Answer 1

The correct option is A a standard output is fixed based on an average worker's result of past efforts

Under the Hasley premium plan wage is being paid for a standard time for the fixed output based on past performances.

Under this system, time rate is guaranteed and if the worker completes his job within or more than standard time, he is paid the standard rate. If the worker completes his job in less than standard time, he is given the wages for actual hours taken and a bonus of 50% of wages of the time saved.