· Flat rate pay is payment based on each job that’s completed. An employer or manufacturer estimates the amount of time a job should take. The employer pays the technician a predetermined amount for that job, based on the expected time. For example, say the flat rate of a job is based on two hours. · Flat-rate law and legal definition With a flat-rate compensation, every employee in a certain position receives the same salary, regardless of his performance or seniority. Fixed wages can also be regarded as piece rates if, for example, a car mechanic receives a fixed amount from the manufacturer for warranty repairs. · Flat rate pricing is a subscription model that charges users a flat fee per month or year for all features and all levels of access. For example, if you subscribe to the New York Times, you pay a fixed rate per month or year.
Flat rate pay is payment based on each job that’s completed. An employer or manufacturer estimates the amount of time a job should take. The employer pays the technician a predetermined amount for that job, based on the expected time. For example, say the flat rate of a job is based on two hours. A flat rate is a method used by producers for pricing services relating to some product, such as financial assets in the case of an investment house. A flat rate is a price rather than a percentage and is typically applied where variable sales volume is concerned. This Flatrate Manual is provided to the service Dealer as a method of calculating Warranty Claims as well as determining fair and reasonable repair charges to customers. The rates in this manual are based on time required by skilled Service Technicians to make repairs using and having.
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