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
But Barra pushed back against the union’s charge that the workers are looking for a fair pay increase which would nearly mirror her pay increases in recent years, pointing to profit sharing for employees which has hit record levels the past the few years.
—
Chris Isidore, CNN, 15 Sep. 2023
The Jeep maker’s proposal, which is in line with proposals from Ford and General Motors, would also continue to offer profit sharing to workers, according to new details on the offer released by the company Saturday.
—NBC News, 16 Sep. 2023
Every book purchased on the site financially supports independent, brick-and-mortar bookstores—the recipient can select from more than 1,800 bookstores or opt to contribute to the profit sharing pool that helps all stores.
—Melanie Fincher, Southern Living, 9 Sep. 2023
Full-time permanent Ford employees at the top wage rate could be paid $98,000 that includes wages, cost-of-living adjustment bonus, ratification bonus, profit sharing and overtime, in the first year of the contract, Farley said.
—Jamie L. Lareau, The Courier-Journal, 1 Sep. 2023
The new contract would improve profit sharing to match Delta Air Lines’ at 10% up to $2.5 billion pre-tax profit and 20% for anything above.
—Alexandra Skores, Dallas News, 7 July 2023
Through a worker co-op, employees make the decisions and have access to benefits including profit sharing.
—Helen Li, Los Angeles Times, 4 Aug. 2023
The companies generally contend that their wages, profit sharing, health care, and other benefits are the best in the industry.
—Tom Krisher, BostonGlobe.com, 11 July 2023
Past assistance and the future of Drexel Town Square's final parcel The council also voted on May 16 to eliminate profit sharing provisions from preceding agreements.
—Journal Sentinel, 24 May 2023
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Chris Isidore, CNN, 15 Sep. 2023
The Jeep maker’s proposal, which is in line with proposals from Ford and General Motors, would also continue to offer profit sharing to workers, according to new details on the offer released by the company Saturday.
—NBC News, 16 Sep. 2023
Every book purchased on the site financially supports independent, brick-and-mortar bookstores—the recipient can select from more than 1,800 bookstores or opt to contribute to the profit sharing pool that helps all stores.
—Melanie Fincher, Southern Living, 9 Sep. 2023
Full-time permanent Ford employees at the top wage rate could be paid $98,000 that includes wages, cost-of-living adjustment bonus, ratification bonus, profit sharing and overtime, in the first year of the contract, Farley said.
—Jamie L. Lareau, The Courier-Journal, 1 Sep. 2023
The new contract would improve profit sharing to match Delta Air Lines’ at 10% up to $2.5 billion pre-tax profit and 20% for anything above.
—Alexandra Skores, Dallas News, 7 July 2023
Through a worker co-op, employees make the decisions and have access to benefits including profit sharing.
—Helen Li, Los Angeles Times, 4 Aug. 2023
The companies generally contend that their wages, profit sharing, health care, and other benefits are the best in the industry.
—Tom Krisher, BostonGlobe.com, 11 July 2023
Past assistance and the future of Drexel Town Square's final parcel The council also voted on May 16 to eliminate profit sharing provisions from preceding agreements.
—Journal Sentinel, 24 May 2023
See More
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
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“Profit sharing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20sharing. Accessed 10 Dec. 2023.
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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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