Principles of Industrial Engineering

Cover Principles of Industrial Engineering
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The workman can take his premium or leave it ; but he usually takes it if not at first when the ac- cumulation begins to look tempting. It is, however, plain that the introduction of the system raises no issue which could well be a basis of a strike, as the introduction of piece rates into the day-work shop might do. It does not abolish old conditions and introduce new ones, which must be ac- cepted whether they are liked or not. It simply offers a new, non-compulsory opportunity for the men to... earn more money if they choose, without any arbitrary or even neces- sary imposition of a forced rate of working. Furthermore, the calculation of the premium is the simplest sort of a sum in elementary arithmetic. The standard times are posted. The workman can keep a record of his own times. All he has to do is to find by subtraction how much time he has saved, take one-half of it or 30 per cent of it, as the case may be, and he knows his own premium at once. On account of its simplicity and its conciliatory characteristics, 128 PRINCIPLES OF INDUSTRIAL ENGINEERING probably, the Halsey premium plan is in use in a larger number of shops than any other of the advanced wage systems.

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