Piece Rate

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Definitions
Piece Rate
Piece Rate Postage First-Class Mail Distance-Based Charges Mail Costs Postal Services
The charge incurred per individual piece of mail, distinct from distance-based charges. For example, mailing a first-class letter incurs the same cost regardless of the destination within the country.
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Definitions
Wage Incentive
Wage Incentive Productivity Employee Motivation Compensation Wage Systems Piece Rate
Wage incentive is a method of motivating workers to increase their productivity by offering them higher wages for greater output.
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