Which of the following is the premium bonus method?

The Halsey premium plan

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The Taylor Differential piece-wage system

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The Gantt system

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Collective piece wage

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Solution

The correct option is B Collective piece wage
This method helps to increase the motivation level of the employee to work more, which leads to greater output. This would also mean workers would end up with greater incentive.

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Why did Taylor develop the technique of differential piece wage system?

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