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profit sharing
noun
: a system or process under which employees receive a part of the profits of an industrial or commercial enterprise
Examples of profit sharing in a Sentence
Recent Examples on the Web
Every employee who launches a new venture receives a cash bonus and profit sharing once the product is live.
—Alexandre Bonvin, Forbes, 23 Oct. 2024
Coaching companies are handling the account management, tooling and lead acquisition so coaches expect profit sharing.
—Chelsea Seid, Forbes, 13 Sep. 2024
Last month, the airline offered flight attendants a new contract with an immediate 17% wage increase and higher profit sharing in 2024, which the union rejected.
—Reuters, CNN, 19 July 2024
That’s also included a profit sharing model in which participating players share in 1 percent of the net ticketing revenue, in exchange for using their name, likeness and social media channels to support marketing initiatives.
—Caitlin Huston, The Hollywood Reporter, 3 July 2024
See all Example Sentences for profit sharing
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'profit sharing.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1872, in the meaning defined above
Dictionary Entries Near profit sharing
Cite this Entry
“Profit sharing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20sharing. Accessed 31 Oct. 2024.
Legal Definition
profit sharing
noun
profit shar·ing
: a plan under which employees receive a part of the profits of an enterprise
More from Merriam-Webster on profit sharing
Britannica.com: Encyclopedia article about profit sharing
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