Meaning Of The Word Profit-sharing

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  2. P Words Definitions
  3. Section P-458
  4. Profit-sharing

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Profit-sharing Meaning

Profit-sharing Definition
Profit-sharing Definition

What's The Definition Of Profit-sharing?

profit sharing in American English
the practice of dividing a share of the profits of a business among employees, in addition to paying their regular wages and salaries
noun: the sharing of profits, as between employer and employee, esp. in such a way that the employee receives, in addition to wages, a share in the profits of the business

profit-sharing
Profit-sharing is a system by which all the people who work in a company have a share in its profits.

profit-sharing in British English
noun: a system in which a portion of the net profit of a business is distributed to its employees, usually in proportion to their wages or their length of service

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