Explain the advantages and disadvantages of using piecework as a pay plan
What will be an ideal response?
Answer: Piecework incentive plans have several advantages. They are simple to calculate and easily understood by employees. Piece rate plans appear equitable in principle, and in their incentive value, and are powerful since they tie pay directly to performance. Piecework also has disadvantages. The main one is its unsavory reputation among many employees based on some employers' habit of arbitrarily raising production standards whenever they found their workers earning "excessive wages." A more subtle disadvantage is that since piece rate are quoted on a per piece basis, in workers' minds, production standards (pieces per hour) become tied inseparably to the amount of money earned. Piece rate systems thus risk engendering rigidity. When the employer tries to revise production standards, resistance ensures. Employees become preoccupied with producing the number of units needed. They can become less focused on quality and may resist switching jobs (since doing so could reduce productivity).
You might also like to view...
After a couple of months of conducting his job search externally, DeShaun has attained a few promising leads
However, he decides to also concentrate on other approaches to career advancement. From the information you have about DeShaun, what do you recommend as a next step in career advancement for him? A) Request an interview with his boss, and document what he has accomplished at his store during his two years. Then have a cordial discussion about possible career management opportunities at the chain. B) Regularly wear a suit, tie, and wing tip shoes to the dollar store so he will stand out. C) Work with a coach to develop a personal brand that goes beyond being a manager at a discount retailer. D) Attempt to make a career switch by preparing for another field such as conserving the environment (a "green" job).
________ matches services, products, and advertising content with individuals and their preferences
Fill in the blank(s) with correct word