PROFITSHARING

Profit sharing

Profit sharing refers to various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' regular salary and bonuses. In publicly traded companies these plans typically amount to allocation of shares to employees.

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profit sharing

Noun

  1. A system in which some of the profit of an enterprise are divided among the workers, giving them an incentive for profits without an equity interest.


The above text is a snippet from Wiktionary: profit sharing
and as such is available under the Creative Commons Attribution/Share-Alike License.

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