hours to do a volume of work for which the standard time allowed is 200 hours. The plan of payment of bonus is on a increasing scale as under a) Within the first 10% of saving in standard time, bonus is 40% of time saved. (ii) Within the next 10% of saving in standard time, bonus is 50% of time saved. (i) Within the next 10% of saving in standard time, bonus is 60% of time saved. (iv) Within the next 10% of saving in standard time, bonus is 70% of time saved. (v) For the rest, 75% of time saved.
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For the rest 75% of time saved
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