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 ?
I did hear some comments about contributions to 401(k)s that are based on success sharing.
In the months before the launch date - and the weeks since - we have had such great success sharing Exceptional Parent information, advice and contacts.
Although Success Sharing has been a part of the company's pay delivery system in various forms since 1980 (Exhibit 1), recent enhancements strengthen its alignment with the company's future business needs and strategies and its effectiveness as part of the company's performance management and communication systems.
Drawn by discussions of Using Technology and Innovative Programs to Drive Productivity Improvements, Retaining Top Talent in a Competitive Marketplace and The Best of Benchmarking and Best Practice Sharing, Global Benchmarking Council members and guests will gather in Chapel Hill, NC to trade insights and implementation solutions through detailed presentations, success sharing roundtables, knowledge exchanges and informal conversations.