Incentive systems Flashcards
what are the 3 broad categories of maintenance personal
- direct craft workers 2. assigned maintenance workers 3. service personnel
what is the bonus percent added to the maintenance hourly rate
20-30 percent
what is the point of wage sytems
to reward workers and management efficiency
what is the operating-to-downtime ratio in terms of an incentive system
when there is a machine delay. or unscheduled downtime a penalty is subtracted from the hourly bonus for maintenance workers.
what is the downside of a bonus plan based on production efficiency
most of the control of the plan is in the hands of the production personnel, not the maintenance employees
what is the downside of an operating to downtime bonus plan
difficult to administer due to the need to provide effective maintenance