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- DictionaryProf·it-shar·ing/ˈpräfət ˌSHeriNG/
noun
- 1. a system in which the people who work for a company receive a direct share of the profits: "a profit-sharing scheme"
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- Profit sharing
When employees share in the company's profits
Profit sharing refers to various incentive plans introduced by businesses which provide direct or indirect payments to employees, often depending on the company's profitability, employees' regular salaries, and bonuses. In publicly traded companies, these plans typically amount to allocation of shares to employees. The profit sharing plans are based on predetermined economic sharing rules that def... Wikipedia
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