The Premium Bonus System (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 18.56
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book discusses different methods of incentivizing workers to maximize productivity, arguing that fixed hourly rates stifle output. The author contends that the employer also plays a role in productivity gains due to providing improved processes and facilities, hence surplus rewards should be shared. Two bonus systems are presented: Halsey, and Rowan. The first splits the gains equally between employer and employee. The latter, however, allocates the employee's share based on a percentage of the time saved, offering greater rewards for higher savings while protecting against reductions in pay for excessive time allowances. The author concludes that the Rowan system is preferable as it minimizes the employer's temptation to reduce time allowances, thus ensuring workers are fairly compensated for increased productivity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781332230594_0
- Title
- The Premium Bonus System (Classic Reprint)
- Author
- W. Rowan Thomson
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1332230598
- ISBN 13
- 9781332230594
- Seller catalogs
- Business
Boost productivity and cut costs with a practical guide to premium bonus systems for industrial work.
Discover how a time-based pay approach compares with payment by results and why a well-structured bonus plan can align the interests of employers and employees without sacrificing fairness or safety.
This book argues for the widespread use of premium bonus methods to raise output while controlling labor costs. It explains the problems with plain time work and outlines two major alternatives: straight piecework and premium bonus schemes. It also covers how to choose a system that fits a specific plant or product, the role of time allowances, and how bonuses can be calculated to reflect real savings in production time.
- Clear comparisons of piecework, Halsey, and Rowan premium bonus systems.
- Guidance on setting time allowances, calculating bonuses, and avoiding unfair price cuts.
- Practical considerations for selecting and implementing a system in engineering and shipyard contexts.
- Discussion of how bonuses impact both workers’ earnings and factory costs.
Ideal for managers, engineers, and shop floor personnel exploring payment by results and its potential impact on productivity and competitiveness.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
Shipping rates from United Kingdom to U.S.A.
| Item | 5 to 10 business days | 5 to 10 business days |
|---|---|---|
| First item | US$ 0.00 | US$ 0.00 |
Payment methods
Store description
Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
Specialty
TradeSeller's business information
FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
Terms of sale
All books are Print on Demand and will be printed upon purchase and shipped in New Condition. Orders typically ship within 3-5 business days. If you're dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if the order hasn't arrived, you're eligible for a refund within 30 days of the estimated delivery date. If you've changed your mind about a book that you've ordered, please use the ask bookseller a question link to contact us and we'll respond within 2 business days.
Other policies
Please note that we cannot accept cancellation requests once an order has been placed.
All Forgotten Books titles are printed on demand. The moment an order is submitted, it is automatically transmitted to our distributor and then forwarded to the printer, where it enters production. This process begins within minutes and is entirely automated.
A cancellation, however, is a manual, multi-step request that must pass through several systems. By the time such a request reaches the appropriate stage, the book has almost always been printed, packed, or already dispatched, which makes cancellation impossible.
For this reason, we kindly ask that you double-check the title, edition, and your shipping details before placing an order.
If you change your mind after ordering, you are welcome to return the book once it arrives, and a refund will be issued in accordance with AbeBooks’ return policy.
Please also make sure your address is correct before ordering as we will no be able to intervene and make changes before the book is shipped.
We can provide digital samples for all our print books ahead, so don't hesitate to reach out.
Returns
As a small publisher we do not have the facilities to resell returned books, so any returned book will be recycled. If the book is damaged or defective please continue with the return process, and thank you for letting us know so that we can improve our products. If you’re returning for another reason, however, please consider whether you could donate or gift the book instead so that it avoids the waste pile.
Thank you in advance!
Shipping terms
We are committed to minimizing our environmental impact and reducing shipping costs by manufacturing and shipping our products as close to our customers as possible. For orders within the United States, your items are shipped from the USA with final delivery done by USPS.
UK and European orders are fulfilled from the UK through various couriers.
Canadian orders may be shipped from either Canada or the USA via Canada Post or UPS, depending on the size of the order.
For our customers in other regions around the world, we ensure that your orders are shipped from the closest available location to reduce delivery times and carbon footprint. Our goal is to deliver your products efficiently, no matter where you are located.
Please be aware that depending on the size of your order and local legislation in your country, there may be additional taxes, customs duties, and fees imposed by the destination country. These charges are not included in the item price or shipping cost. They are the responsibility of the customer and must be paid upon delivery.
We recommend checking with your local customs office for more information on potential charges before placing your order. Forgotten Books is not responsible for any customs duties, taxes, or fees incurred.