Differential Pay Schedule vs. Straight Piece Rate Pay Calculations
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- Опубликовано: 6 сен 2024
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Note:
In a straight piece rate pay system, employees are compensated based on the number of units they produce or tasks they complete.
Formula Gross pay = Number of units produced × Rate per unit
In a differential pay schedule, pay is adjusted based on different criteria, allowing for variations in pay.
Formula Gross pay = Number of units produced × Various rates per unit
Q1.
A company pays Marc for the number of dolls he produces in a week. During the last week of May, Marc produced 900 dolls. He is paid $0.96/doll, less any defective units. Calculate his gross pay.
Q2.
A company pays Natalie based on the following schedule:
Units produced Amount per unit
1 to 50 $ .50
51 to 150 .62
151 to 200 .75
Over 200 1.25
Last week Natalie produced 300 dolls. What is Natalie's gross pay?