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What are the main methods of wage payments? - Business Studies

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Question

What are the main methods of wage payments?

Very Short Answer
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Solution

There are basically two methods of wage payments:

  1. Time rate system
  2. Piece rate system
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Chapter 8: Staff Remuneration - EXERCISES [Page 116]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 8 Staff Remuneration
EXERCISES | Q I. C. 4. | Page 116
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