CHAPTER XIV 
WAGE SYSTEMS 
GENERAL CLASSIFICATION OF WAGE SYSTEMS 
The methods which have been devised for remunerating 
labor may be classified into three general groups, as 
follows: 
1. Time work, in which the employe is paid by the 
hour, the week, the month, or the year. 
2. Contract work, including (a) the ordinary piece- 
rate method, (b) the differential piece-rate method, (e) 
the collective contract, whereby a contractor agrees to 
furnish the labor for a certain quantity of product at a 
certain price, the contractor selecting his own method of 
remunerating those who work for him. 
3. Bonus, efficiency, or premium systems, including 
(a) promotion systems under day rate as a reward for 
increased efficiency, (b) the Halsey premium system, (ec) 
the Rowan premium system, (d) the bonus system, (e) 
the efficiency system, (f) combinations of the above. 
Time Work 
Under this system in its usual form there is no record 
of the individual’s performance. There is no incentive 
for effort except of such a sort as will result in the em- 
ploye’s being designated as a ‘good man’’ by the foreman 
or other superior. There is no penalty for ordinary 
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