profit sharing

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profit sharing

n.
A system by which employees receive a share of the profits of a business enterprise.

prof′it shar`ing


n.
the sharing of a portion of the profits from a business with employees, who receive it in addition to wages.
[1880–85]
prof′it-shar`ing, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.profit sharing - a system in which employees receive a share of the net profits of the business
share, percentage, portion, part - assets belonging to or due to or contributed by an individual person or group; "he wanted his share in cash"
Translations
References in periodicals archive ?
He currently acts as Senior Vice President of the Early Success Sharing Partnerships (ESSP) business unit of WuxiApptec Ltd.
According to the union, the release of the SEC 10k form for UAL Inc on 16 March revealed "the extent of the Success Sharing fraud being perpetrated on UAL employees and its retirees".
Drawn by discussions of Creating Profit with Cutting-Edge Sales Technology, Driving Growth through Marketing Excellence and Best Practices Benchmarking, Global Benchmarking Council members and guests will gather in Dallas, TX, March 1-3, 2000 to trade insights and implementation solutions through detailed presentations, success sharing, management roundtables, knowledge exchanges and informal conversations.
In the third year of the agreement, a Success Sharing Plan tied to AT&T stock would allow employees an opportunity to share in the company's success.
Revision of the Success Sharing Formula to provide for lump-sum payouts of up to 1.