piece rate


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Related to piece rate: Time Rate

piece rate

n
(Commerce) a fixed rate paid according to the quantity produced
Translations

piece rate

n (Industry) → tariffa a cottimo
References in periodicals archive ?
They should also remove language which would directly hinder the ability of drivers who are paid on a piece rate basis to receive the full wages they deserve for a hard day's work.
We interpret wage levels at low productivity to be higher than would be indicated by productivity or piece rate equivalents.
All installations are completed by time served craftsman - Thornton's don't employ piece rate contractors.
Farmworkers, whose incomes are some of the lowest in the nation, have benefited, their wages jumping in California by $2 to $3 over the $8 hourly minimum wage and even more for those working piece rate.
Each round or "week" begins with owners contracting with workers for any number of hours up to 100 and a wage or piece rate.
The workers were paid piece rate for their sewing and the strips of silk mesh were cut and mounted as postcards in the nearby factories which employed them.
The work force was cut from 479 to 103 and modern processes and material flow technology were introduced with employees compensated at a fixed rather than piece rate.
They also tend to work under different incentive systems, with women being compensated by piece rate payment schemes more frequently.
For instance, the three-digit piece rate for letters will rise 4.
Determining the regular rate of pay generally involves that the business must take into consideration the following: salary; hourly rate of pay; reasonable cost of employer provided room and board; tips; commissions; piece rate pay; nondiscretionary bonuses; on-call pay; and shift differentials.
This new version makes it easier for service companies to handle the paychecks by yearly salary, hourly rate, commission, tips, project rate or piece rate.
Sapna Joshi cited Sri Lanka with highest GDP rate in the region and better living standards of the masses where piece rate workers were catered under Factory Act and little understanding for Own Account Workers.