Standard Hour Plan

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202234

Term: Standard Hour Plan

Definition:Workers are paid based on the number of units they produce per hour. If they meet the production standard, they are paid a set hourly wage. If they exceed the standard, their hourly wage increases based on the number of units they produce beyond the standard.

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CoursePage Number
75 - Creating a Variable Pay Plan 8
FAQs Policies
World at Work
CPE Sponsors - Registry
CPE Sponsors - QAS
CAC
CCC

The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®