Get the FREE one-click dictionary software for Windows
or the iPhone/iPad and Android apps
Noun: piece rate
  1. A fixed rate paid according to the quantity produced
    "Factories today may receive the label ‘sweatshop’ more because they have the long hours and poor working conditions, even if they pay an hourly or daily wage instead of a piece rate"

Derived forms: piece rates

Type of: earnings, pay, remuneration, salary, wage

Encyclopedia: Piece rate