Definitions for profit sharing
profit shar·ing

Princeton's WordNetRate this definition:0.0 / 0 votes

1. profit sharingnoun

   a system in which employees receive a share of the net profits of the business

WiktionaryRate this definition:0.0 / 0 votes

1. profit sharingnoun

   A system in which some of the profit of an enterprise are divided among the workers, giving them an incentive for profits without an equity interest.

WikipediaRate this definition:0.0 / 0 votes

1. Profit sharing

   Profit sharing is various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' regular salary 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 define the split of gains between the company as a principal and the employee as an agent. For example, suppose the profits are x {\displaystyle x} , which might be a random variable. Before knowing the profits, the principal and agent might agree on a sharing rule s ( x ) {\displaystyle s(x)} . Here, the agent will receive s ( x ) {\displaystyle s(x)} and the principal will receive the residual gain x − s ( x ) {\displaystyle x-s(x)} .Profit-sharing tends to lead to less conflict and more cooperation between labor and their employers.

ChatGPTRate this definition:0.0 / 0 votes

1. profit sharing

   Profit sharing refers to a type of incentive plan in which a business distributes a portion of its profits to its employees. The share is often provided as a monetary reward or in the form of company stock. The distribution is often based on the company's earnings over a certain period of time and can serve as a motivational tool to increase employee productivity and loyalty. The specific terms and conditions of a profit sharing plan can vary widely from one organization to another.

WikidataRate this definition:0.0 / 0 votes

1. Profit sharing

   Profit sharing refers to various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' regular salary 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 define the split of gains between the company as a principal and the employee as an agent. For example, suppose the profits are x, which might be a random variable. Before knowing the profits, the principal and agent might agree on a sharing rule s(x). Here, the agent will receive s(x) and the principal will receive the residual gain x-s(x).

Matched Categories

1. • Share

How to pronounce profit sharing?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say profit sharing in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of profit sharing in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of profit sharing in Pythagorean Numerology is: 7

Examples of profit sharing in a Sentence

1. Jacob Parker:

   Profit sharing is a higher priority.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=profit sharing
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Profit_Sharing
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Profit_Sharing
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=profit sharing