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
With cost-of-living increases, workers will see about 33% boosts in wages for a top assembly wage of $42 per hour, plus annual profit sharing.
—
Jamie L. Lareau, Detroit Free Press, 17 Jan. 2024
With cost-of-living increases, workers will see about 33% in raises for a top assembly wage of $42 per hour, plus annual profit sharing.
—Tom Krisher, Quartz, 18 Mar. 2024
Additionally, the absence of profit sharing, as highlighted in several reviews of Why Unified, means that sellers keep all their profits, which is a significant advantage over some other platforms.
—Tyler Shepherd, Detroit Free Press, 4 Mar. 2024
Other takeaways Ford awarded its hourly workers higher profit sharing checks averaging $10,416 despite being the target of a six-week UAW strike against the Detroit Three automakers.
—The Courier-Journal, 23 Feb. 2024
The carrier did not offer any profit sharing in 2020, as travel demand plunged due to the pandemic and Delta (and other airlines) reported heavy losses.
—Chris Morris, Fortune, 15 Feb. 2024
The average profit sharing payment came to about $14,000 for Delta employees.
—Chris Isidore, CNN, 14 Feb. 2024
Additional Considerations Bonuses and Benefits: Many CMAs receive additional compensation through bonuses, profit sharing, and other benefits, which can considerably boost their overall earnings.
—Bryce Welker, Miami Herald, 2 Feb. 2024
That includes profit sharing for about 38,000 United Auto Workers union members at an average of $13,860, down from $14,760 a year earlier.
—Chris Isidore, CNN, 15 Feb. 2024
Jamie L. Lareau, Detroit Free Press, 17 Jan. 2024
With cost-of-living increases, workers will see about 33% in raises for a top assembly wage of $42 per hour, plus annual profit sharing.
—Tom Krisher, Quartz, 18 Mar. 2024
Additionally, the absence of profit sharing, as highlighted in several reviews of Why Unified, means that sellers keep all their profits, which is a significant advantage over some other platforms.
—Tyler Shepherd, Detroit Free Press, 4 Mar. 2024
Other takeaways Ford awarded its hourly workers higher profit sharing checks averaging $10,416 despite being the target of a six-week UAW strike against the Detroit Three automakers.
—The Courier-Journal, 23 Feb. 2024
The carrier did not offer any profit sharing in 2020, as travel demand plunged due to the pandemic and Delta (and other airlines) reported heavy losses.
—Chris Morris, Fortune, 15 Feb. 2024
The average profit sharing payment came to about $14,000 for Delta employees.
—Chris Isidore, CNN, 14 Feb. 2024
Additional Considerations Bonuses and Benefits: Many CMAs receive additional compensation through bonuses, profit sharing, and other benefits, which can considerably boost their overall earnings.
—Bryce Welker, Miami Herald, 2 Feb. 2024
That includes profit sharing for about 38,000 United Auto Workers union members at an average of $13,860, down from $14,760 a year earlier.
—Chris Isidore, CNN, 15 Feb. 2024
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.
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“Profit sharing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20sharing. Accessed 25 Apr. 2024.
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