piece rate

Noun

Open English WordNet

Noun (1)

  1. a fixed rate paid according to the quantity produced.“Factories today may receive the label ‘sweatshop’ more because they have the long hours and poor working conditions, even if they pay an hourly or daily wage instead of a piece rate.”Type of wage, pay
Word of the day · Oct 12About this word

What does it mean? Question 1 of today’s quiz

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