A Rational Wages System

Some Notes on the Method of Paying the Worker a Reward for Efficiency in Addition to WagesBy Henry Atkinson
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Length1h 55m

About this audiobook

In "A Rational Wages System," Henry Atkinson presents a comprehensive analysis of wage structures and labor economics, meticulously exploring the relationship between compensation, productivity, and employee motivation. With an insightful blend of theoretical frameworks and practical applications, Atkinson employs a clear and accessible literary style that invites readers into the often complex world of labor relations. The book is situated in the broader context of early 20th-century economic thought, drawing on contemporary debates surrounding industrial efficiency and worker equity, while also anticipating modern discussions about fair pay and corporate responsibility. Henry Atkinson, a noted economist and labor reform advocate, draws upon his extensive background in industrial studies and firsthand experience in labor markets to craft this seminal work. His life'Äôs journey through different socio-economic environments allowed him to observe the intricacies of wage disparities and their impact on both laborers and industries. This personal and academic grounding imbues the text with a sense of urgency and relevance, as Atkinson champions the cause of fair compensation systems amid rapid economic changes of his time. Readers seeking an insightful examination of labor economics, along with a historical perspective on wage policy, will find "A Rational Wages System" indispensable. Atkinson's thoughtful arguments not only resonate with scholars and policymakers but also challenge all individuals to reconsider their views on employment fairness, making this book a compelling read for anyone engaged with the modern workforce.

Audiobook details

GenreBusiness and Economics
Length1 hr 55 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateMay 19, 2021
LanguageEnglish

Table of contents

1(e) Reward derived from Increased Production.
2(f) Safeguards.
3(g) Attention to Service Details.
4(h) Loss of Skill due to the Reward System
5CHAPTER III WAGES AND PROGRESS
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6(a) Antagonism between Employer and Worker.
7(b) Trade-Unions and the Reward System.
8(c) Scientific Management and the Reward System.
9(d) The Future of Labour.
10(e) The Actual and the Ideal.
11PART II AN APPLICATION OF THE PRINCIPLES TO A PARTICULAR CASE
12CHAPTER IV WORK AND REWARD
13(a) Routing the Work.
14(b) The Time Study.
15Time Study Reading.
16(c) Fixing Standard Time.
17(d) The Instruction Card.
18(e) Spoiled Work.
19(f) Allowances.
20(g) Efficiency Calculation.
21PART III EXPLANATION OF DIAGRAMS SHOWING DIFFERENT METHODS OF REWARD PAYMENT
22CHAPTER V REWARD AND EFFICIENCY
23(a) Reward System No. 1.
24(b) Reward System No. 2.
25(c) Reward System No. 3.
26(d) Reward System No. 4.
27(e) The Taylor System.
28(f) The Gantt System.
29(g) The Emerson System.
30(h) The Rowan System.
31(i) Day Rate.
32(j) Piece Work.
33(k) The Ford System.
34APPENDIX: A FLOATING WAGE RATE
35FOOTNOTES:
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