3. Describe the piece rate plan. Name its advantages and disadvantages.
4. What is a premium system? What conditions are intended to be brought about by a premium system?
5. What special points of merit does the Halsey plan possess?
6. What are the essential features of the Taylor differential wage system?
7. Name the special features of the Gannt bonus system. What are its apparent disadvantages?
8. What are the principles of the Emmerson efficiency system? Name some of the conditions necessary to a successful operation of this system.
9. What wage system or systems are used in the business with which you are connected, or another selected for your illustration? Do you consider the plan used the best suited to existing conditions; if not, what changes would you suggest?
10. Into what two classes is time keeping divided? Which system is used in a trading business? in a manufacturing enterprise?
11. Explain why time records are necessary when the pay of an employe is based on the unit of production.
12. Explain the operation of the check system of time keeping. What are its disadvantages?