IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-054-1_48.html

An Analysis of the Vast Gap in Application Scope Between Piece Rate and Efficiency Wages in Recent years

In: Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

Author

Listed:
  • Yang Zhang

    (University of Nottingham Ningbo China, Faculty of Business)

Abstract

Piece Rate and Efficiency Wages, two categories of incentive systems, which are based on similar economic hypotheses and both win high recognition in their early stages, have had an enormous gap in the scope of application in recent years. This essay elaborates on the reasons from both internal and external perspectives. It finds that, although based on similar inherent defects, Efficiency Wages can win wider application scope because it better meets the intrinsic and extrinsic needs of employees, has fewer constraints on application, and is in line with the incentive needs of industries in the current era.

Suggested Citation

  • Yang Zhang, 2023. "An Analysis of the Vast Gap in Application Scope Between Piece Rate and Efficiency Wages in Recent years," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Sikandar Ali Qalati (ed.), Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022), pages 444-451, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-054-1_48
    DOI: 10.2991/978-94-6463-054-1_48
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-054-1_48. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.