As an office worker, you must be very sensitive to piece-rate wages. So how is piece-rate wages calculated?
1. If you want to know how to calculate piece rate wages, you must first know what piece rate wages are. Piece rate wages refer to the amount of labor completed by employees and the wages calculated and paid according to the predetermined piece rate unit price. This point is clear. It will be clear below how to calculate piece rate wages.
2. There are two formulas for piece rate unit price. One is to calculate the unit price based on the output. The formula is: piece rate unit price = the wage standard per unit time for the work item level. The second one is to calculate the unit price based on the working hour quota: the output quota per unit time. Piece rate unit price = wage standard per unit time for the work item level × working hour quota per unit product.
3. In addition, if calculated according to the collective piece rate, the formula for calculating the production quota is: piece rate unit price = the sum of the salary standards of all personnel within the collective piece rate unit.
4. The working hour quota is calculated as: the unit price of the production quota of all personnel within the quota per unit time = the sum of the wage standards per unit time of all personnel within the quota of the collective piece unit unit × the product working hours quota of all personnel within the quota per unit time
The above is a detailed tutorial on how to calculate piece rate wages. Once you master it, you will no longer be afraid of your boss cheating on our wages...