Definition of piece rate in English:
A rate of payment for piecework.
- For example, assembly-line workers in a piece-rate compensation system may adapt their work strategies over time in response to reinforcement.
- Here, powerful subcontractors hired and fired labourers on a piece-rate basis to perform specified tasks.
- The simplest was the coming of a piece-rate system whereby workers contracted for completion in the short-term of a unit of work, such as cane cutting, loading, irrigating, or any number of other agricultural functions.
Definition of piece rate in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.