piece rate


piece rate
piece rate - In bulk mail, the postage charged for each mailpiece in addition to the pound rate charge, if applicable, for the entire mailing.

Glossary of postal terms. 2014.

Look at other dictionaries:

  • piece rate — ➔ rate1 * * * piece rate UK US noun [C] HR ► a way of paying for work that is based on a fixed rate for a particular amount done rather than the time it takes to do the job: »They employed workers in developing countries and paid them on a piece… …   Financial and business terms

  • piece-rate — UK US noun [C] HR ► a way of paying for work that is based on a fixed rate for a particular amount done rather than the time it takes to do the job: »They employed workers in developing countries and paid them on a piece rate. piece rate… …   Financial and business terms

  • piece rate — piece ,rate noun count or uncount a rate of pay by which you get a particular amount of money for each piece of work you complete rather than for the amount of time taken to do it …   Usage of the words and phrases in modern English

  • piece rate — noun : the price per unit of production paid to a pieceworker * * * compensation based on a worker s quantitative output or production, usually an agreed sum per article of work turned out. [1890 95] * * * piece rate noun A fixed rate paid… …   Useful english dictionary

  • piece rate — UK / US noun [countable/uncountable] Word forms piece rate : singular piece rate plural piece rates a rate of pay by which you get a particular amount of money for each piece of work that you complete rather than for the amount of time it takes… …   English dictionary

  • piece rate — A payment scheme in which an employee is paid a specific price for each unit made. The rate is therefore directly related to output and not to time (compare time rate). This method is often combined with a basic salary and takes the form of a… …   Big dictionary of business and management

  • piece rate — noun (C) an amount of money that is paid for each thing a worker produces: The piece rate was $2.00 per skirt …   Longman dictionary of contemporary English

  • piece rate — / pi:s reɪt/ noun a rate of pay calculated as an amount for each product produced or for each piece of work done and not as an amount for each hour worked ● to earn piece rates …   Dictionary of banking and finance

  • piece rate — noun The monetary amount payed per unit of production in the reward scheme of piece work, contrasting to hourly wage and to salary …   Wiktionary

  • piece rate — /ˈpis reɪt/ (say pees rayt) noun payment based on output or production, usually a fixed sum per piece of work turned out …   Australian English dictionary


We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.