Piecework is the oldest and still most popular individual incentive plan. It is a system of pay based on the number of items processed by each individual worker in a unit of time, such as items per hour or items per day. Here a worker is paid a sum (called a piece rate) for each unit he or she produces.

Webster Dictionary Meaning

1. Piecework
- Work done by the piece or job; work paid for at a rate based on the amount of work done, rather than on the time employed.
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