Profit Share

Profit Share

 

(Russian tant’ema, from French tantième), one of the forms of compensation paid out of profits to the board members and managers of joint-stock companies, insurance companies, banks, and other capitalist enterprises. The profit share is usually fixed at a certain percentage of net earnings. The use of the profit share has become especially widespread during the epoch of imperialism.

References in periodicals archive ?
To date, 14 Keller Williams associates have earned more than $1 million in profit share and fully 23,769 associates are participating in the profit share program.
The Egyptian Trade Union Federation (ETUF) on Saturday said it blamed Ibrahim Bedeir, the Chairman of the Misr Spinning and Weaving Company, for the continued strikes by workers who had not been paid their annual profit share.
The profit share (33) in the business sector increased somewhat further in 2005 after recovering significantly from a low point in 2001 (see Table 26) and Diagram 154).
In addition, a corresponding profit share should be included (Steven, 1999).
TESCO staff across Wales will be celebrating the Jubilee in style thanks to profit share rewards totalling nearly pounds 1.
In that model, a mandated profit share lowers wages and raises net profits, thereby inducing the entry of firms into the market, unambiguously lowering unemployment and leaving the real wage unchanged in general equilibrium.
The partnership agreement can require that each partner, regardless of his or her profit share in any given year, contribute an equal capital amount or it may stipulate that the capital structure be modified each year to reflect each partner's share of profits for that year.
This is also why we in the management group have decided to forego our entire profit share for 2007 which is estimated to cover a significant part of the write-off," says Stig Vilhelmson, CEO of Carnegie.
After peaking in 1995, the profit share (41) in the business sector decreased sharply until 2001, when it began rising again.
The latter includes an expected profit share that is tied to the general wage, i.
New business activity, especially in the last half of 2005, has mitigated much of the noise in the earlier part of the year regarding the California State Compensation Insurance Fund's ("SCIF") decision to eliminate profit share and to reduce commissions.
SCIF has also reinstated its profit share contracts, retroactively to January 2005, which provide for additional revenue to agencies who deliver highly profitable underwriting results on a portfolio of business.