piece rate Meaning in Cambridge Business English Dictionary
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Meaning of "piece rate" - Business English Dictionary

piece rate

noun [C]
 
 
HR
a way of paying for work that is based on a fixed rate for a particular amount done rather than the time it takes to do the job: They employed workers in developing countries and paid them on a piece rate.
piece-rate adjective [before noun]
(Definition of piece rate from the Cambridge Business English Dictionary © Cambridge University Press)
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