OCR GCSE Business · J204
Paper 1
Revise: Financial Motivation MethodsPiece rates pay employees for each item produced. Producing more items therefore increases their earnings, giving them an incentive to increase output.
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GCSE Business · key term
Payment for each item an employee produces.
Used by OCR
Paper 1
Revise: Financial Motivation MethodsPiece rates pay employees for each item produced. Producing more items therefore increases their earnings, giving them an incentive to increase output.
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