Noun
a system in which employees receive a share of the net profits of the business
Source: WordNetDaly and Semels were said to have popularized the modern model of partner financing and profit sharing for film production. Source: Internet
Therefore, that same businessperson in Y2008 can make an "elective deferral" of $15,500 plus a profit sharing contribution of $25,000 (i.e. 25%), and—if this person is over age 50—make a catch-up contribution of $5,000 for a total of $45,500. Source: Internet
Snacks, Free travel, profit sharing, 401k match, amazing culture. Source: Internet
Tropic Air announced today that Employees will receive their profit sharing bonus for 2015. Source: Internet
By the end of 2018, Wade said there will be profit sharing throughout the company. Source: Internet
Over the past five years, AgCredit has averaged a return of 29.41% in profit sharing and has distributed a total of $227 million to its member-owners over a period of 29 consecutive years. Source: Internet