THE GROUP-BONUS WAGE-INCENTIVE PLAN
220062
01/01/1922
- Event
- Content
- The author states that the purpose of every plan of wage incentive is to stimulate the worker to a greater effort than is generally obtained on a straight day's-work basis; to reward him somewhat in proportion to his effort; and to gain other advantages such as greater attention to conditions that curtail production, more uniform labor costs and the elimination of inefficient employes. He states further that nearly all industries engaged in repetitive work are now on an incentive basis.After outlining the most successful wage-incentive plans and enumerating some of the conditions that must be met, inclusive of four specific fundamental principles of industry that are stated, the group-bonus plan is explained and the application of group standard-time is discussed at some length, supplemented by tabular data. Experience with grouping is then related and conditions favorable to grouping are mentioned. The summary states that the group plan, like any other wage-incentive plan, has for its main objective intensive production.
- Pages
- 24
- Citation
- WENNERLUND, E., "THE GROUP-BONUS WAGE-INCENTIVE PLAN," SAE Technical Paper 220062, 1922, https://doi.org/10.4271/220062.