The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as

A Rowan Plan
B Taylor Differential Piece rate system
C Halsey Premium plan
D Day work plan

Correct Answer: Halsey Premium plan

The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Halsey Premium plan

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According to Rowan plan of wage incentive system, bonus is paid to a worker
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

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