profit-sharing


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Related to profit-sharing: Gainsharing

profit-sharing

a system in which a portion of the net profit of a business is distributed to its employees, usually in proportion to their wages or their length of service
References in periodicals archive ?
Participation in a profit-sharing plan typically must be offered to all employees age 21 or older who worked at least 1,000 hours in a previous year.
Employees of the company also receive cash payments for reaching on-time performance goals, in addition to profit-sharing.
Existing 401(k) Profit-Sharing Plan--The Qualified Combo Plan allows business owners who are already helping their employees put away funds for retirement to put away additional funds for themselves.
Under a profit-sharing plan, as a defined-contribution plan, benefits must be based solely on amounts contributed to the participant's account and attributable income, gains, expenses and losses.
One firm neither increased nor decreased profit-sharing.
And that will help agencies that have good profit-sharing agreements with their companies, whether they're part of a group or not part of a group," he said.
In this paper we test the hypothesis that profit-sharing can help counteract this tendency.
Garrity had been searching for a team to drive the profit-sharing plan and found it.
You designate a fixed amount for the money purchase portion and then can add more to the profit-sharing portion in years when profits are rolling in, to a combined total of 25%.
There are several factors a company must consider with a profit-sharing plan.
Some countries' laws specify a minimum level of employee benefits, such as high social-security payments or mandatory profit-sharing, making an ESOP less attractive.
Recently, however, a series of arguments have been made that pay systems involving stock ownership or profit-sharing might increase employee productivity in spite of the free-ridership problem.