Piece-rate definition

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.
Piece-rate means a rate of pay calculated on the basis of the quantity of the crop har-

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 requires strict supervision to get the required quality output.

  • Piece rate system pays the workers according to the units of output produced.

  • 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 a fixed rate of compensation based upon the quantity of a product or service provided.
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 rate of pay cal- culated on the basis of the quantity of the crop harvested.
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 calculated on the basis of the quan-
Piece-rate means a rate of pay calculated on the basis of the quantity of the crop harvested as opposed to an hourly rate.