Business and People unit 1 exam PEOPLE 0.0 / 5 ? Business StudiesPay Methods of MotivationGCSEOCR Created by: clemnataCreated on: 30-04-18 15:37 time rate set sum paid for each hour worked 1 of 7 overtime pay higher rate of pay to persuade workers to work extra hours 2 of 7 salary worker is paid set sum for the year 3 of 7 piece rate sum of money paid for each item produced 4 of 7 bonus extra lump sum paid to worker for reaching a target 5 of 7 profit sharing a share of company profit is paid to workers 6 of 7 fringe benefits ( perks ) non-money rewards (eg. gym membership) given to staff 7 of 7
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