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EKANSH GARG- 20
GAURAV CHAUDHARY- 21
ISHITA VERMA- 23
JASHAN PAL SINGH- 24
B) Paid vacations
C) Public Appraisal
D) Retirement benefits
(A)BASIC PAY
(B)CONVEYANCE ALLOWANCE
(C)INCENTIVES
SUPPLEMENTARY COMPENSATION
BASE COMPENSATION
ENTITLEMENT PHILOSOPHY
Q9) CONT.
Work done by an individual worker can be
measured accurately
Quantity of output depends directly upon the
skills and efforts of the worker
Flow of work is regular and interruptions are
minimum
Quality and workmanship are not very important
Piece Wage System
Q10) CONT.
Delays in work are frequent and beyond
employees control
Quality of work is very important
Machinery and material used are sophisticated
and expensive
Time Wage System
Q11) CONT.
Work is highly varied in nature and
performance standards cannot be established
Workers are new and learning on the job
Collective efforts of group are essential for
completing the job
Time Wage System
Q12) CONT.
incentive
plan helps in improvements in methods, work flow etc.
TIME
PRODUCTIVITY
BEDEAUX PLAN