• Home
  • Subjects
    • UPSC Commerce Optional
      • Syllabus – UPSC Commerce Optional
      • UPSC Commerce and Accountancy Optional Question Paper
      • Book
        • UPSC Commerce Optional Books – The Marathon of UPSC Commerce Optional
      • Blog
      • Courses
      • Answer Writing Practise
      • News
    • UGC NET – Commerce Optional
      • UGC NET – Syllabus
      • Past Papers
        • July 2018-Commerce
        • Dec 2017-Commerce
        • June 2017-Commerce
        • Dec 2016-Commerce
        • June 2016-Commerce
        • Dec 2015-Commerce
        • June 2015-Commerce
    • Chartered Accountant
      • Level-1 – Foundation
        • Syllabus
        • CA Level-1 Blog
      • Level-2 – Intermediate
        • Syllabus
        • CA Level-2 Blog
      • Level-3 – Final
        • Syllabus
        • CA Level-3 Blog
    • B.Com / M.Com
    • 11 Commerce
    • 12 Commerce
  • Blog
    • Income Tax
    • Economics
    • Accounts
    • Financial Management
    • HRM- Human Resource Management
    • Audit
    • Organization Behaviour
    • Industrial Relation (IR)
    • NCERT
      • 10th Class
      • 11th Class
      • 12th Class
      • 9th Class
  • Contact
    • Have any question?
    • +91 7905338496
    • achievercommerce@gmail.com
    Login
    Commerce Achiever
    • Home
    • Subjects
      • UPSC Commerce Optional
        • Syllabus – UPSC Commerce Optional
        • UPSC Commerce and Accountancy Optional Question Paper
        • Book
          • UPSC Commerce Optional Books – The Marathon of UPSC Commerce Optional
        • Blog
        • Courses
        • Answer Writing Practise
        • News
      • UGC NET – Commerce Optional
        • UGC NET – Syllabus
        • Past Papers
          • July 2018-Commerce
          • Dec 2017-Commerce
          • June 2017-Commerce
          • Dec 2016-Commerce
          • June 2016-Commerce
          • Dec 2015-Commerce
          • June 2015-Commerce
      • Chartered Accountant
        • Level-1 – Foundation
          • Syllabus
          • CA Level-1 Blog
        • Level-2 – Intermediate
          • Syllabus
          • CA Level-2 Blog
        • Level-3 – Final
          • Syllabus
          • CA Level-3 Blog
      • B.Com / M.Com
      • 11 Commerce
      • 12 Commerce
    • Blog
      • Income Tax
      • Economics
      • Accounts
      • Financial Management
      • HRM- Human Resource Management
      • Audit
      • Organization Behaviour
      • Industrial Relation (IR)
      • NCERT
        • 10th Class
        • 11th Class
        • 12th Class
        • 9th Class
    • Contact

      Blogs

      • Home
      • Blog
      • Learn - Free
      • Blogs

      Bedeaux Point Plan

      • Posted by commerceachiever
      • Categories Blogs, HRM- Human Resource Management, Learn - Free
      • Date August 5, 2020
      • It is an Individual wage incentive time-based plan.
      • Plan developed by Charles E. Bedeaux.
      • Under this plan, standard time for the job is set scientifically and expressed in terms of B. Whereas B means the job should be completed in B minutes/hrs.
      • A minimum time wage is guaranteed to all workers.
      • The worker who completes the job within or more than the standard time is paid at the normal time rate. Those who complete the job in less than the standard time are paid bonuses for the time saved.

        This method ensures time wages to the workers and has the novel feature of distributing the wages of time saved among workers and foremen.

      Total Wages = S * R + 75% of R (S-T)

      Advantages-

      • Minimum wages are guaranteed to all workers.
      • Formen is also motivated as 25% or say 1/4th of the time saved is given to them.
      • Suitable for industries where workers perform different types of jobs.
      • The efficiency of different workers can be compared.

      Disadvantages –

      • Dispute on the sharing of Bonus between Workers and Foreman.
      • Calculations are complicated
      • Much clerical work involved.
      • May affect the quality of the product.

      Tag:11commerce, 11economics, 11thcommerce, 12accounts, 12commerce, 12economics, BComAccounts, Bedeaux Point Plan, CAFinalAccounts, CAfoundation, CAfoundationAccounts, CAfoundationEconomics, CAfoundationLaw, CAHARSHITA, CAInterAccounts, commerceachiever, commerceoptional, Economics, gLOSSARY OF hrm, HR Glossary, incometax, Individual Incentive Plan, Individual wage incentive time-based plan, mba hr, mba hr notes, tax, UGCNETCommerceOptional, UPSC Commerce Optional Previous Year Papers, UPSCcommerceOptional, UPSCoptional, wage incentive plan

      • Share:
      commerceachiever

      Previous post

      Emerson Efficiency Plan
      August 5, 2020

      Next post

      Taylor's Differential Piece Rate Plan
      August 5, 2020

      You may also like

      Difference Between Golden Parachute & Golden Hand Shake
      Difference Between Golden Parachute & Golden Hand Shake
      July 22, 2023
      functions & uses of Cost Accountant
      A medium size firm is making large profits and they do not have a Cost Accounting Department. There is a proposal to employ a Cost Accountant. What would you consider to be his functions and how can he make himself useful to the management
      June 16, 2023
      _Blog Post
      What are the functions of Cost Accounting?
      June 16, 2023
      • +91 7905338496
      • achievercommerce@gmail.com

      Our Subjects

      • UPSC Commerce Optional
      • UGC NET – Commerce Optional
      • Chartered Accountant
      • B.Com / M.Com
      • 11 Commerce
      • 12 Commerce

      Useful Links

      • Learn – Free
      • Income Tax
      • Economics
      • Accounts
      • Financial Management
      • HRM- Human Resource Management
      • Audit
      • Organization Behaviour
      • Industrial Relation (IR)
      • NCERT

      Subscribe

      Don’t lose out on any important Post and Update. Learn everyday with Experts!!

      Copyright © 2024-2025 Commerce Achiever | All Rights Reserved

      toto slot
      situs toto
      situs toto
      situs toto
      situs toto login
      toto slot
      toto slot
      idn slot
      slot hoki

      • Privacy
      • Terms
      • Sitemap
      • Purchase
      situs toto situs toto cerutu4d cerutu4d cerutu4d cerutu4d bo toto pulsa bo togel bo togel bo togel bo togel cerutu4d bandar toto macau bo toto situs togel situs togel cerutu4d cerutu4d cerutu4d cabe4d situs toto slot gacor situs togel situs toto agen toto situs togel situs toto situs togel resmi slot gacor slot gacor slot gacor
      situs toto situs toto cerutu4d cerutu4d cerutu4d cerutu4d bo toto pulsa bo togel bo togel bo togel bo togel cerutu4d bandar toto macau bo toto situs togel situs togel cerutu4d cerutu4d cerutu4d

      Login with your site account

      Lost your password?

      Message Us