Overview

""Payment by Results; Introduction, Organization, Rate-Fixing"" is an authoritative study on the implementation and management of incentive-based compensation systems within industrial environments. James Edward Powell presents a detailed analysis of how piecework and premium bonus schemes can be utilized to enhance productivity while maintaining equitable labor relations. The work serves as a practical manual for the organization of production and the scientific determination of wage rates. The text is structured to guide the reader through the introductory phases of payment by results, the organizational adjustments necessary for success, and the intricate technicalities of rate-fixing. Powell addresses the challenges of balancing efficiency with worker morale, providing insights into the administrative frameworks required to oversee complex remuneration plans. Focusing on the technical and psychological aspects of labor, the book explores the foundational elements of modern industrial engineering and personnel management. This work is an essential resource for historians of business and economics, as well as students of industrial management seeking to understand the historical roots of performance-based pay and labor efficiency standards. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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9781025901268

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