Task Hours Pay per hour Total pay

X 5 25 125
Y 5 15 75
Z 2 10 20
12 220 pay per hour 18.33333

Time taken 8 hours

time saved 4 hours
Bonus 55
Total 201.6666667
 X Y standard
units 75 100 10 units per hour 80 units per 8 hours

Taylor differential piece rate 600 1200 piece rate

straight piece rate 750 1000 Rs 10 per unit
800
according to straight piece work, even if an employee does not achieve his target, he will be enti
That is, Mr X will get 800 rs.
 80 units per 8 hours

achieve his target, he will be entitled to basic pay.

 X Y Z Standard sale per hour 12
units sold 64 84 100 basic compensation per uit 6
performance 66.66667 87.5 104.1667
pay 384 554.4 720
units per 8 hours 96
 hours Pay
Time allowed for the job 20
Time taken to do the job 15 22.5 Compensation rate per hour 1.5
Time saved 5 3.75

Total pay 26.25

 hours pay
Standard time 20
Time taken 16 32 Hourly compensation 2
time saved 4 6.4
total pay 38.4
 units produced Pay
A 450 270 standard output per day 500 units
B 650 421.2 guranteeed pay per day 270 rs
C 500 324 pay per unit 0.54
2007 data

SVOP 4000000
Total wage bill 500000

Proportion 0.125

In any operating year, 12.5% can be given as wages and

12.5% refers to the proportion of base year's wage bill to
2012 Data

SVOP 8500000
Actual wage bill 960000

available or allowable wage bill 1062500

Savings 102500
On the savings, the company can decide to share a part t
n be given as wages and the company can acceptable profits.
of base year's wage bill to SVOP

an decide to share a part to the employees as bonus and retain the remaining balance.
ABC

expenditure 40
worth of product 100
value added 60

attributable to the employees 50%

wage bill 35000

actual production 250000

0.3 *productivity rate=1 converted to 1 rupee

Productivity ratio 3.333333

expected production 116666.7
savings 133333.3
savings attributable to employe 66666.67
Bedeaux Plan
Job Hours Wage rate per hour PAY
X 5 25 125
Y 5 15 75
Z 2 10 20
12 220

average wage rate 18.33333

if worj done in 8 hours 201.6667

Taylor plan

standard producti 400 units

A produced 300 units
Pay 480

B produced 450 units

Pay 1080

Merrick Plan
Job Units Standard u 80
X 75 piece rate 10
performance 0.75 standard p 800
pay 6000

Y 100
performance 1
pay 8800
Straight piece rate
X 800
Y 1000

Taylor's differential piece rate

X 600
Y 1200

Merrick Plan

Job Units performance pay

X 64 0.66666666666667 384
Y 84 0.875 554.4
Z 100 1.04166666666667 720

halsey 50-50
time allowed 20 hours
time taken 15 hours
pay rate 1.5 rs per hour

pay 26.25

ROWAN PLAN

wage rate 10 rs per houer

standard time 6 hours
actual time 4
time saved 2
pay 53.33333

standard output 500 units

guranteed pay 270 rs per day
rate per unit 1.851852

Employee units
A 450 270
B 650 1444.44444444444
C 500 324

Gain Sharing plan

2007 data 2007 data

SVOP 1000000 SVOP

Total wage bill 200000 Total wage bill

Proportion 0.2 Proportion

20%

2012 Data 2012 Data

SVOP 900000 SVOP
Actual wage bill 130000 Actual wage bill

available or allow 180000 available or allowable wage bill

Savings 50000 Savings

Rucker Plan

ABC

expenditure 40
worth of product 100
value added 60

attributable to t 0.5

wage bill 35000

actual production 250000

0.3

Productivity ratio 3.333333

expected product 116666.7
savings 133333.3
savings attributab 66666.67

Job Hours Pay Total

A 15 23 345
B 5 11 55
average 20

Employee hours take 16

hours save 4
Pay 380

Job Hours Pay Total

X 5 25 125
Y 5 15 75
Z 2 10 20
12 AVERAGE 18.33333

time taken 8
time saved 4
pay 201.6667

standard units per 400 units

piece rate per uni 2 rs

Employee units prod pay rate applicable pay

A 300 0.8 480
B 450 1.2 1080
standard producti 10 units per hour
80 units per day
piece rate 5 rs per unit

Employee units prod production percenta piece rate pay

A 70 0.875 1.1 385
B 90 1.125 1.2 540
C 65 0.8125 1 325

STANDARD SALE p 12 units

96 units per day
basic comp rate 6 rs

Employee units prod production percenta piece rate pay

X 64 0.66666666666667 1 384
Y 84 0.875 1.1 554.4
Z 100 1.04166666666667 1.2 720
required time 5 hours 20
hourly rate 150 1.5

Employee
time taken 3 15
time saved 2 5
pay 600 26.25

wage rate 10 rs
standard time 6
time taken 4
time saved 2
Pay 53.33333

wage rate 2
standard time 20
time taken 16
time saved 4

Pay 38.4 32
bonus

standard output 1000 units

guranteed payme 350 rs
per unit 0.35 rs
Employee unnits pro PAY
A 850 350
B 1000 420
C 1100 462

standard output 500 units

guranteed payme 270 rs
per unit 0.54 rs

Employee unnits pro PAY

A 450 270
B 650 421.2
C 500 324

base year
SVOP 4000000
total wage bill 500000
Wage bill/SVOP 0.125
2012
SVOP 8500000
allowable wage 1062500
actual wage bill 960000
savings 102500
Labour productivi 0.6
production value a 0.5

Productivity ratio 3.333333

wage bill 35000

expected product 116666.7
actual production 250000
saving 133333.3
 0.875
385

rs/unit X Y
units 75 100

Taylor diff 600 1200

straight pi 750 1000
800

STANDARD UNITS 12 units

 Units per day 96 units
pay rate 6 rs per unit

wage rate 2
standard time 20
actual time 16
time saved 4
pay 38.4

4000000
500000

0.125
8500000
960000

1062500

102500