Time Wage System: Advantages and Disadvantages

In this article we will discuss about the Time Wage System:- 1. Advantages of Time Wage System 2. Disadvantages of Time Wage System. Advantages of Time Wage System: Time-wage system offers the following advantages: (i) Stable wages and security: It provides the worker with job security and stability of wages. The inefficient workers are assured of stable earnings. (ii) Better [...]