Words / P / Business

piece rate

noun/ˈpiːs reɪt/

B1CEFR level
35/100Rarity: fairly common
TechnicalRegister

A system of payment based on the number of units produced rather than hours worked.

Moving pickers onto a piece rate lifted output but drew accusations of driving people too hard.

Similar: piecework

Topic: Human resources in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Human resources