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This is a modification over Taylor's plan. In this, a minimum base wage is not guaranteed. A worker's wage is calculated as follows:
(i) When output (O) is less than 83% of standard output (SO), scheme for wage (W) is equal to piece rate scheme.
(ii) When 83% of (S) < O < 100% of (SO); W = 110% of piece-rate.
(iii) When O > 100% of (SO); W = 120% of piece rate.
Advantages
Efficient workers are rewarded handsomely.
Disadvantages
(i) Wide gap in slabs of differential wage rate
(ii) Over emphasis in high production rate
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