CHAPTER IV

Payment by Results (Incentive Bonus Scheme)

401-402 Introduction
403 Timing of Operations
404 Time Study
405 Synthetic Times
406 Rating
407 Normalising
408 Additional Allowances
409 Allowed Time
410 Preparational Time
411 Extra Time
412 Time Taken
413 Out Turn
414 Time Saved Time Lost
415 Ceiling Limit on Profits
416 Material Scrap
417 Incentive Bonus Rates
418 Guaranteed Basic Wages
419 Abnormal Profits
420 Losses
421 Incentive Bonus to Essential Indirect Workers and Supervisors
422 Payment of Incentive Bonus
423 Deduction from Supervisors for Idle Time
424 Incentive to Staff in the Service Shops
425 Workers Booked on Incentive and Day Work Systems
426 Overtime Working in Incentive Sections
427 Incentive Bonus to Fettlers in Foundries
428 Apprentices
429 Idle Time
430 Allocation of Bonus
431 Introduction of Incentive Scheme
432 Extension Contraction Proposals
433 Checking of Job Cards