CodalSearch this book — or all of Codal…⌘K
nydus/The Psychology of ManagementPublic
Page 183 of 252
Table of Contents

INCENTIVES

to name the various sorts of methods of compensation recognized by authorities. Page 289 David F. Schloss in his "Method of Industrial Remuneration" divides all possible ways of gaining remuneration into three —

  1. the different kinds of wages
  1. time wage
  1. piece wage
  1. task wage
  1. progressive wage
  1. collective piece wage
  1. collective task wage
  1. collective progressive wage
  1. contract work
  1. coöperative work

with

  1. profit sharing, and
  1. industrial coöperation. These are defined and discussed at length in his book in a lucid and simple manner.

It is only necessary to quote him here as to the relationship between these different forms, where he says, page 11, — "The two leading forms of industrial remuneration under the Wages System are time wages, and piece wages. Intermediate between these principal forms, stands that known as task wage, while supplemental to these two named methods, we find those various systems which will here be designated by the name of Progressive Wages." 6

183