dear sir, please I need help with some clarifications concerning the time-based system and the piecework system of remuneration.
my question is: under what circumstances is time-based system better than the piecework system and vice versa.
thank you
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Accounting for labour
8y ago#1There is not really a best pay of remunerating.
Piecework is better for a company when individual employees are responsible for individual production e.g. a company making shirts where each shirt is produced completely by just one worker.
Time-based is more suitable where the product has lots of workers doing work on the same unit.
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