profit sharing

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Definitions from WordNet

Noun profit sharing has 1 sense

profit sharing - a system in which employees receive a share of the net profits of the business
--₁ is a kind of share, portion, part, percentage

Definitions from the Web

Profit Sharing

Description:

Profit sharing refers to a system in which a company distributes a portion of its profits to its employees, either in the form of cash bonuses or shares in the company. It is a method used to reward employees and promote a sense of ownership and motivation within the organization.

Sample Sentences:

Our company has implemented a profit sharing program where employees receive a percentage of the company's annual profits.
The profit sharing scheme has greatly improved employee morale and productivity.
As part of the profit sharing agreement, the employees will each be receiving their bonuses next week.

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