individual incentive scheme
group incentive scheme
time and piece wage system
differential piece wage system
✅ The correct answer is A.
Halsey premium plan is individual incentive scheme. Under Halsey plan minimum wages are guaranteed to every worker. A standard time is fixed for the workers. If the workers finish the work before standard time they are given bonus.
Halsey premium plan is individual incentive scheme. Under Halsey plan minimum wages are guaranteed to every worker. A standard time is fixed for the workers. If the workers finish the work before standard time they are given bonus.