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Microlesson · 5-min read

Rowan Premium Plan (Incentive Wage System)

# Rowan Plan

## What It Is

The Rowan Plan is an incentive bonus scheme where the bonus is not a fixed percentage of time saved (unlike Halsey). Instead, the bonus depends on the worker's efficiency ratio — the proportion of standard hours actually used.

## Key Variables (same as Halsey)

SymbolMeaning
AHActual Hours worked
SHStandard Hours allowed for units produced
RNormal Time Rate per hour
(SH − AH)Time Saved

## Formulas

Bonus under Rowan Plan

$$\text{Bonus} = \frac{AH}{SH} \times (SH - AH) \times R$$

Total Earnings under Rowan Plan

$$\text{Total} = \underbrace{AH \times R}_{\text{Normal pay}} + \underbrace{\frac{AH}{SH} \times (SH - AH) \times R}_{\text{Bonus for time saved}}$$

Effective Hourly Rate

$$\text{Effective Rate per Hour} = \frac{\text{Total Amount}}{\text{Actual Hours Worked}}$$

## Intuition Behind the AH/SH Factor

The ratio AH/SH caps the bonus. As the worker becomes increasingly efficient (AH falls relative to SH), this fraction shrinks, dampening the bonus. This protects the employer from over-rewarding extreme efficiency that may reflect lax standards. The bonus peaks when AH/SH = 0.5 (i.e., worker takes exactly half of standard time).

## Halsey vs Rowan — Quick Comparison

FeatureHalseyRowan
Bonus base50% of time saved(AH/SH) × time saved
Bonus patternLinear in time savedParabolic — peaks at AH/SH = 0.5
Risk to employerHigher (unlimited 50% share)Lower (self-capping)

## Types of Questions Asked

1. Direct computation — calculate earnings/effective rate under one or both plans.

2. Reverse problem — one plan's data given, find missing data of the other.

Worked example

### Example 1

Example — Standard 10 hrs, Actual 8 hrs, Rate ₹50/hr

Time saved = 10 − 8 = 2 hours.

Bonus = (8/10) × 2 × ₹50 = 0.8 × ₹100 = ₹80.

Normal pay = 8 × ₹50 = ₹400.

Total earnings = ₹400 + ₹80 = ₹480.

Effective hourly rate = ₹480 ÷ 8 = ₹60 per hour.

Comparison — Same data under Halsey gave ₹450. Here Rowan is more generous because AH/SH = 0.8, which is > 0.5 (the bonus is still climbing toward its peak).

### Example 2

Reverse problem — Halsey-Rowan parity

If the question says 'effective hourly rate under Halsey equals that under Rowan', set the two Total/AH expressions equal and solve. This typically happens when AH/SH = 0.5, i.e., time saved equals actual time worked.

⚠️ Common exam mistakes

  • Forgetting the AH/SH factor and applying Halsey's 50% by mistake.
  • Inverting the ratio — writing SH/AH instead of AH/SH in the bonus formula.
  • Not realising Rowan's bonus has a maximum (at AH/SH = 0.5) — students sometimes assume Rowan always > Halsey.
  • Using AH or SH alone in the bonus base instead of the time saved (SH − AH).
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