Employee Productivity

Coffee Break
A brief time period allowed during the working day to permit employees to unwind from the pressures of work so they are refreshed to carry out their duties effectively.
Halsey Premium Plan
An innovative wage incentive system created by Frederick A. Halsey, designed to enhance worker productivity and address the shortcomings of the piece-rate system.
Job Satisfaction
Job satisfaction refers to the sense of inner fulfillment and pride achieved when performing a particular job. It occurs when an employee feels that they have accomplished something of importance and value worthy of recognition, and experience a sense of joy.
Time-and-Motion Study
A time-and-motion study involves measuring the time and movements required to complete specific job tasks. First advocated by Frederick W. Taylor in his book Scientific Management, such studies aim to create a management standard for evaluating individual employee productivity.
Work Station
A work station is an area specifically reserved or designed for an individual to perform their assigned tasks efficiently without interference from others.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.