Advantages of time study

Efficiency:
Effective incentive plan:
Setting production schedule: It helps in setting of production schedules for use in production, planning and control.
Formulating wage structure: It gives direction to management for formulating sound wage structure.
Create time consciousness: It creates time consciousness in worker by this they give their effort more as compared to earlier.
Reduces the cost: It reduces the cost also.
Computation of the cost: It enables computation of standard costs.
Provide best way: It gives an alternative methods and it helps in to find out the one best way to perform the task.
Improve working condition: It helps in to improve the working conditions.