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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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Q: What is Merrick's multiple piece rate system?
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What are the advantages and disadvantages of straight piece rate system?

The disadvantage of the straight piece rate system is that there is no special incentive for the special effort. The advantage is that it has high productivity which helps in spreading the load.


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It is a compensation system in which a worker is paid a set amount for each item he or she produces.


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Piece-rate pay gives a payment for each item produced - it is therefore the easiest way for a business to ensure that employees are paid for the amount of work they do. Piece-rate pay is also sometimes referred to as a "payment by results system"


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A disadvantage to piece rate is that employees in a factory for example may rush their work in order to receive more pay. As a consequence of this, quality of production will decrease.


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