What is MEASURED DAY WORK (MDW)?

As an alternative to incentive payment or pay-for-results schemes, production standard or quota is used. In return for quantity and quality workers receive a regular, guaranteed pay rate. It is based on measured work and equipment capabilities. Output exceeding the standards is rewarded with a bonus, while output falling below the required standards is paid pro rata.

More On This Topic



Link to This Definition
Did you find this definition of MEASURED DAY WORK (MDW) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary