Simple Definition of profit sharing
: a system in which employees receive a part of the company's profits
Full Definition of profit sharing
: a system or process under which employees receive a part of the profits of an industrial or commercial enterprise
First Known Use of profit sharing
Rhymes with profit sharing
Legal Definition of profit sharing
: a plan under which employees receive a part of the profits of an enterprise
Learn More about profit sharing
Britannica.com: Encyclopedia article about "profit sharing"
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