This is also known as payment by results or piecework. This is a direct alternative totime related pay. Employees paid under an output related pay method are paid a fixedamount per unit of output achieved, irrespective of the time spent in production. As far as an employee is concerned, payment by results means that they … Read More

This is the amount over and above the normal hourly rate that employees are paid forovertime hours worked. It is common to be paid an enhanced rate for any overtimehours worked, for example, an individual may be paid £20 per hour and any overtimehours worked can be paid at time and a half rate, this … Read More