Measured day work (MDW),
Definition of Measured day work (MDW):
Production standard or quota instituted as an alternative to incentive payment or pay-for-results schemes. Workers receive a regular, guaranteed rate of pay in return for quantity and quality, based on work measurement and capabilities of the equipment. Output falling below the required standards is paid pro rata, output exceeding the standards is rewarded with a bonus.
Meaning of Measured day work (MDW) & Measured day work (MDW) Definition