Tag Archives | Wage Payment

Top 3 Methods of Wage Payment | Cost Accountancy

The following points highlight the top three methods of wage payment. The methods are: 1. Time Rate Plan 2. Piece Rate 3. Incentive Wage Plans. Wage Payment: Method # 1. Time Rate Plan: The method which is related to the hours of work is known as Time Rate Plan. Under this method the worker is […]

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