Saturday, May 17, 2014

How to Make Money with Piece Work

Many work-at-home moms try to make money with piece work. This kind of work can be lucrative if you know what you're doing. Here is some information on piece work, how it works and how to profit from it.
What Is Piece Work?
The term piece work originated in the 1500s, when apprentices would take home pieces of textiles or garments and work on them at their own rate. When you are hired to do piece work, you are paid based on the amount you produce instead of given a flat hourly rate. Your pay is entirely based on your performance. If your production increases, so does your pay. Many believe that piece work systems promote efficiency and a strong work ethic.
What Does Piece Work Look Like Today?
Historically, piece work was associated with factories and garment work. Nowadays, piece work has taken on many different shapes and forms. You may have noticed ads claiming that you can make good money working from home assembling products. Generally speaking, this is not a legitimate work-at-home opportunity. These companies ask you to pay a fee for materials and promise to compensate you a certain amount if the products are assembled correctly. However, more often than not, these companies have impossible standards and will not accept any of the items you put together.
There are other types of piece work that can generate some income. Some companies will hire telecommuters to do certain administrative tasks and pay them per unit. For example, a company could hire you to find phone numbers for pizza places in your area, and pay you for each phone number you compile. Another form of piece work is medical or legal transcription. As a transcriber, you get paid per line or per word, depending on your employer. Freelance writers get paid per article or per word.
How Can I Make Money from Piece Work?
You wouldn't accept a traditional job offer without making sure the compensation was appropriate, given your qualifications and experience. Approach a telecommuting job offer in the same way. Do your research. Find out the rate of pay before accepting the assignment, and compare it to what other companies are offering. Don't let employers underpay you for the work you do.
The biggest mistake most telecommuters make is underestimating the amount of time it takes to complete certain tasks. Remember, it's more difficult to get things done at your home where there is a myriad of distractions. You may like to think you'll be able to write 2000 words in 2 hours, but in reality it may take you all day to get to that word count. Factor time into the equation, and make sure the venture will be profitable before accepting the assignment.
Finally, try mixing it up. Make sure you have a number of different piece work jobs lined up. Having a variety of differents tasks will prevent you from getting bored. If you come to a road block with one assignment, you can jump to the other for a few hours. It is possible to make money with piece work. It just takes patience, persistence and passion. Stay on task and stay focused, and you're bound to be a success.

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