less than 1 minute read

Profit sharing



Profit sharing, incentive developed by businesses and employers to give workers a share of the extra money a company makes. It was devised to instill workers with greater company loyalty and motivate them toward higher productivity. Profit sharing provides workers with a source of income above their regular wages and may be disbursed in the form of direct cash payments, shares of company stock, or deferred payments made in lieu of pension plans.



Additional topics

21st Century Webster's Family Encyclopedia21st Century Webster's Family Encyclopedia - Pope to Proverbs, Book of