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The economics productivity is the output f value added by manufacture for each dollar of of input of payroll cost

Value added by manaufacture is the

The Rucker plan

-emphasizes employment involvement and measures productivity and provide monetary incentives to encourage employee participation.

-value added is the difference between the value of the sales prices of a product and the value of materials purchased to make the product.

-uses a value added formula (value added/total employment cost)

Value of sales price

Value of materials used

Total labor cost

-The larger ratios show that the value added is greater than the total employment cost

Rucker Gainsharing Plan

Presented by :

Tracy L. Charles

Morgan Fowler

Jordan Johnson

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