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Piecework Pay is an economic theory that actually has its roots in Karl Marx (yes, the father of communism). Marx’s idea of “surplus labor” was basically that anytime a worker earns his “keep” - enough money to sustain his family, then any extra work that is done is solely for the profit of the company. The result (according to Marx) was that companies would work people 24/7 if they could for profit. By paying people by the “piece” you would maximize surplus labor, and the company would have a greater profit without shelling out too much money to workers.
Today’s economic ideas of Surplus Labor are a little different, though still rooted in Marx. Surplus Labor today is that anytime someone is standing around doing nothing in the workplace, Labor is “surplus” - cutting into profits, because people are being paid to
not produce. All industry has Surplus labor - it’s unavoidable as factory machines break down, power outages still happen, etc. However, companies today seek to minimize surplus labor. This is why there are sometimes “unexplained” layoffs.
Trucking does this perfectly: it eliminates
all surplus labor by only paying people when they are producing - when the wheels are moving. It’s Piecework pay.
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Why Drivers Are Paid By The Mile | TruckingTruth Blog