Use app×
QUIZARD
QUIZARD
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
18.3k views
in Business Studies by (49.0k points)
closed by

Explain any four differences between Halsey and Rowan plans of wage incentive.

1 Answer

+1 vote
by (49.9k points)
selected by
 
Best answer
Halsey plan Rowna Plan
Bonus Under Halsey plan the bonus increases steadily wiith increase in efficiency In Rowan plan the bonus increases up to a certain point and starts declining thereafter. Rowan plan provides better bonus than Halsey plan till the work is completed in half the standard time.
Quality of work The quality of work is affected much under Halsey plan as the bonus increases steadily with increased work that makes the workers rush. The quality of work is not affected much under Rowan plan as the bonus increases  at a decreasing rate at higher levels of efficiency and the workers do not prefer to rush work.
Simplicity It is simple to understand and calculate wages. Difficult to understand.
Motivational Motivates the employees. Discourages the workers
Overspeeding No check on overspeeding. Overspeeding
overpayment There is a danger of overpayment. No danger for overpayment.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...