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profit-sharing
(redirected from profit sharing)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

profit-sharing

System whereby employees share in a company's profits, either through profit-related pay (usually an additional payment when a firm's profits are good) or by offering employees shares or options to buy shares on preferential terms. Profit-sharing is designed to give the workforce a vested interest in their company's fortunes.

It originated in France in the early 19th century and was widely practised for a time within the cooperative movement.



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4 million to the Baldor Employee Profit Sharing & Savings Plan.
Byline: by Property Editor MICHELLE O'KEEFE COLM Lundy, who claims to be a director of property developers, Newlyn, is claiming E8m from the firm he says is unpaid profit sharing.
Couch said profit sharing at Hypertherm is part of the company's long-standing philosophy of shared rewards.
 
 
 
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