Question

Explain the following techniques of Scientific Management:
(i) Time Study
(ii) Method Study
(iii) Differential Piece Wage System

Hint:

Scientific management techniques like Time Study, Method Study, and Differential Piece Wage System help in improving efficiency, reducing costs, and motivating employees.

Answer 1

(i) Time Study
- Time study determines the standard time required to complete a well-defined job.
- The objective is to calculate the number of workers required, design incentive schemes, and estimate labor costs.
- This method helps in eliminating unnecessary motions and improving work efficiency.
(ii) Method Study
- Method study aims to find the most efficient way of performing a task.
- The objective is to minimize production costs, improve product quality, and enhance customer satisfaction.
- It involves analyzing different methods of operation and selecting the best alternative.
(iii) Differential Piece Wage System
- This system rewards efficient workers and motivates less efficient ones to improve their performance.
- There are two piece rates: - A higher wage rate for workers meeting or exceeding the standard output. - A lower wage rate for workers producing less than the standard output.
- This technique encourages productivity and ensures fair compensation.