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Piece-rate systems are widely debated incentive payment plans. In a recent study of loan officer effectiveness, the following piece-rate system was examined: If a loan officer makes 95 percent of his or her goal, write the linear function that applies based on the incentive plan table. In context, explain the y -intercept and slope. | Numerade
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61K views · 5K reactions | You may notice the math doesn’t really math with some of these. Sometimes a piece takes longer than I originally quoted the client. In this case I stick with my original quote. For example the book lady I quoted a half day rate but it took me 2 more hours than expected. I don’t ever charge my client more than originally quoted. I also lower my rate to an hourly of $200 for pieces that take longer than 12hrs. | Wild Isley Tattoo | Facebook
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