Word Explorer

Piece rate

The monetary amount paid per unit of production in the reward scheme of piece work, contrasting with hourly wage and salary.

📖 Definitions of "Piece rate"

noun
  1. 1

    The monetary amount paid per unit of production in the reward scheme of piece work, contrasting with hourly wage and salary.

Translate “Piece rate” into Another Language

Pick a language — the word will be pre-filled in the translator.

Home/Dictionary/Piece rate