INCENTIVES .................................................. 271
Definition of Incentive--Importance of
Incentives--Direct and Indirect Incentives--Definition of
Reward--Definition of Punishment--Nature of Direct
Incentives--The Reward Under Traditional Management--The
Punishment Under Traditional Management--The Direct
Incentive Under Traditional Management--Incentives Under
Transitory Management--Rewards Under Scientific
Management--Promotion and Pay--Relation of Wages and
Bonus--Day Work--Piece Work--Task Wage--Gain
Sharing--Premium Plan--Profit Sharing--Differential Rate
Piece--Task Work with a Bonus--Differential Bonus--Three
Rate--Three Rate with Increased Rate--Other
Rewards--Negative and Positive Punishments--Fines and
Their Disposal--Assignment to Less Pleasant
Work--Discharge and Its Elimination--Use of Direct
Incentives--Summary: (a) Effect of Incentives upon the
Work; (b) Effect of Incentives upon the Worker.