TOWN-HASLEY PLAN by Frederick W. Taylor

“The Towne-Halsey plan consists in recording the quickest time in which a job has been done, and fixing this as a standard.

If the workman succeeds in doing the job in a shorter time, he is still paid his same ages per hour for the time he works on the job, and in addition is given a premium for having worked faster, consisting of from one-quarter to one-half the difference between the wages earned and the wages originally paid when the job was done in standard time.

Mr. Halsey recommends the payment of one-third of the difference as the best premium for most cases. In the writer’s judgment, the Towne-Halsey plan is a great invention, and, like many other great inventions, its value lies in its simplicity.”

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TOWN-HASLEY PLAN by Frederick W. Taylor

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