1.

Explain any four differences between Halsey and Rowan plans of wage incentive.

Answer»
Halsey planRowna Plan
BonusUnder Halsey plan the bonus increases steadily wiith increase in efficiencyIn Rowan plan the bonus increases up to a certain point and starts declining thereafter. Rowan plan provides better bonus than Halsey plan till the work is completed in half the standard time.
Quality of workThe quality of work is affected much under Halsey plan as the bonus increases steadily with increased work that makes the workers rush.The quality of work is not affected much under Rowan plan as the bonus increases  at a decreasing rate at higher levels of efficiency and the workers do not prefer to rush work.
SimplicityIt is simple to understand and calculate wages.Difficult to understand.
MotivationalMotivates the employees.Discourages the workers
OverspeedingNo check on overspeeding.Overspeeding
overpaymentThere is a danger of overpayment.No danger for overpayment.



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