Incentive Wage
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Economics
Management
History
Incentive Wage
Labor Economics
Frederick A. Halsey
Piece-Rate System
Industrial Efficiency
An Overview of the Halsey Premium Plan, its historical context, objectives, and implications for modern business practices. Devised by Frederick A. Halsey in the late 19th century, this system aimed to address inefficiencies and management rate cutting associated with the piece-rate system.
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