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piece rate

noun

  1. compensation based on a worker's quantitative output or production, usually an agreed sum per article of work turned out.


piece rate

noun

  1. a fixed rate paid according to the quantity produced
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of piece rate1

First recorded in 1890–95
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Example Sentences

A given worker receives about a 10-percent increase in pay as a result of the switch to piece rates.

All of this work can be handled on a piece-rate basis, and most large concerns find this the most economical basis.

A certain piece rate is paid until standard time is reached.

To obviate the difficulties found in both the day-wage and piece-rate plans, the premium or bonus system was evolved.

The slant of the wage line may be at any angle from horizontal, straight piece rate, to coalescence with day rate line.

The first plan evolved, in the search for a plan that would remedy the inequalities of the day-wage plan, was the piece-rate plan.

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