business unit 2: financial rewards
- Created by: Harpreet
- Created on: 16-05-13 18:15
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- Financial rewards
- workers can be paid wages or a salary
- wages
- time rate
- pays workers by the hour
- work slowly
- piece rate
- how much/many they produce
- quality may suffer if rushed
- how much/many they produce
- time rate
- salary
- both worker + employer know how much is to be paid
- fixed amount each month
- both worker + employer know how much is to be paid
- wages
- extra payments
- performance related pay
- depends on how well they work
- commission
- bonus: lump sum
- Untitled
- performance related pay
- workers can be paid wages or a salary
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