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Updated: May 28, 2025
Pigou has written, "In order that the piece-wage system, and the benefit to production which it carries with it, may win further ground, what is required is to develop in these more difficult industries an adequate machinery for subordinating piece-wages, ... to the full control of collective bargaining."
The methods already tried include the more general adoption of piece-wage, progressive wage arranged in various ways giving a fixed rate for the hours worked plus an additional sum proportionate to the excess of output over a fixed standard, collective piece-work, contract work, co-operative work, sub-contract, profit-sharing in various forms including special bonus, product-sharing, and industrial co-operation.
Thus, on the one hand, the employee who is working on time wages is expected by his employer to turn out in a given time not less than a more or less specifically agreed upon quantity of work "to do a fair day's work" while, on the other hand, a list of piece-wage rates usually has an implied, and in some cases has an explicit, reference to the amount of money which can be earned by a man working under the list in a given time."
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