you are required to calculate the total earnings of each of the workers 617211

Model: Incentive bonus + Total earnings

A company employs its workers for a single shift of 8 hours for 25 days in a week. The company has recently fixed the standard output for a mass production item and introduced an incentive scheme to boost the output. The details of wages payable to the workers are as follows:

Don't use plagiarized sources. Get Your Custom Essay on
you are required to calculate the total earnings of each of the workers 617211
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page
Order Essay
  1. Basic wages/piece-work wages @ Rs. 2 per unit subject to a guaranteed minimum wages of Rs. 50 per day.
  2. DA at Rs. 50 per day.
  3. Incentive bonus:

Standard output per day per worker = 40 units.

Incentive bonus up to 80% efficiency = Nil.

Incentive bonus for efficiency above 80% = Rs. 80 for every 1% increase above 80%.

The details of performance of four workers for the month of June 2009 are as follows:

Worker

No. of Days Worked

Output (Units)

A

25

810

B

19

450

C

25

900

D

21

720

You are required to calculate the total earnings of each of the workers.

superadmin

Recent Posts

communication MA | Solution Aider

part one For this assignment you are to to watch: Shattered Glass Write a two…

3 years ago

Standard Project – WebServers | Solution Aider

Standard Project - WebServers. Instruction attached. Need all requirements, you do not have to make…

3 years ago

Discussion post 2 | Solution Aider

Read classmates post and respond with 100 words:The International Categorization of Diseases, Tenth Revision, Clinical…

3 years ago

case sttudy | Solution Aider

Most Americans have at least 1 issue that is most important to them. Economic issues…

3 years ago

Methodologies Report | Solution Aider

For this assignment, you are the court intake processor at a federal court where you…

3 years ago

outline about gender equality | Solution Aider

Use a standard outline format to lay out how you are going to write your…

3 years ago