
Louis Wage
Louis Wages are wages paid based on the amount of work completed or production achieved, rather than fixed hourly or salary pay. This system incentivizes workers to be more productive, as their earnings depend directly on their output. For example, a worker paid per item produced will earn more if they produce more items. Louis Wages can motivate efficiency, aligning worker effort with company goals. They are commonly used in industries like manufacturing or sales, where measurable output is easy to track and rewarded financially.