Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/148479 
Authors: 
Year of Publication: 
2016
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 254 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2016
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
A pieceworker receives a fixed rate for each unit (“piece”) produced or action performed. In part, the rate reflects a cost of monitoring output. A timeworker receives a fixed wage rate per hour that, in the short term, does not vary with output performance. From the 18th century up to the last third of the 20th century these were the two dominant payment methods in the manufacturing and production industries. Yet, today the incidence of piecework in advanced economies is very small, having lost considerable ground to time rates and to other forms of incentive pay. What caused this transformation, and has the movement away from piecework gone too far?
Subjects: 
piecework
timework
incentive pay
JEL: 
J24
J31
J32
J33
Persistent Identifier of the first edition: 
Document Type: 
Article

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