piece rate Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “piece rate” in the English Dictionary

"piece rate" in Business English

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piece ratenoun [C]

uk   us   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]
piece-rate work/workers
(Definition of piece rate from the Cambridge Business English Dictionary © Cambridge University Press)
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“piece rate” in Business English

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