Piece rate means the monetary value attributed to a radiological service for the purposes of the piece rate remuneration provisions of this subclause.
Piece rate means a price paid per unit of work.
Examples of Piece rate in a sentence
You have to choose how you want to be paid for your performance in this task: Option 1: Piece rate: you receive 1 Euro for each correctly solved problem Option 2: Competition: you compete against 3 other people.
Piece rate contracts are preferred by labourers for the increased independence, dignity and satisfaction they confer, not to mention the higher rates that can be earned.
Piece rate system pays the workers according to the units of output produced.
Piece rate workers shall not be exempt from the right to overtime compensation.
Piece rate system does not bring uniformity in the flow of production and causes an excessive wastage of inputs.
More Definitions of Piece rate
Piece rate means the ‘base rate of pay’ for a ‘pieceworker’ as defined in section 16 of the Fair Work Act 2009 (Cth).
Piece rate means a fixed rate of compensation based upon the quantity of a product or service provided.
Piece rate means a fixed payment determined by the quantity produced.
Piece rate means a rate where the amount of a worker's remuneration is to be calculated by reference to the number of items of work executed either by him alone or by a number of workers of whom he is one, and " piece worker " means a worker whose contract provides for the remuneration payable to him in respect of work executed by him to be calculated only by reference to one or more such rates ;
Piece rate means a rate of pay based upon the number of units an experienced non-disabled worker is expected to produce per hour. The standard is determined by an accepted industrial time study method. A piece rate is determined by dividing the prevailing wage by the standard number of units produced per hour.
Piece rate means a rate of pay calculated on the basis of the quan-