The airline has paid out nearly USD 5 billion through its profit sharing
program over the past five years.
plans must have a set formula for determining how the contributions are allocated among plan participants, but they needn't be traditional prorata plans, as illustrated in example 1.
In keeping with the philosophy that agents are partners and stakeholders in the success of the business, Keller Williams Realty has created a distinct profit sharing
program in which approximately 50 percent of every market center's profits every month are returned to those who have contributed to a market center's growth by attracting productive associates to the office.
Income from profit sharing
agreements can make the difference between profit and loss for an insurance agency," said PIANY President Daniel Benerofe.
One of the most common types of age-weighted profit sharing
plans is the "cross tested" or "new comparability" plan.
Matching contributions or profit sharing
contributions must also satisfy certain percentages, and notice requirements apply as well.
Managing the book of business is an important aspect of getting the most premium dollars in the form of profit sharing
," he said.
The type of research is casual, as it defines the relationship among different variables to ascertain the impact of Profit Sharing
In 1985, Garrity took a dramatic step and solidified the foundry's relationship with its employees--Richmond Casting introduced profit sharing
to its 36 employees.
A lump-sum distribution can be made from a profit sharing
plan if the employee has attained 59 1/2 even though termination has not occurred; see Letter Rulings 9721036, 8810088 and 8805025.
Weitzman  has argued that in an economy with long term unemployment due to extra-competitive wages, profit sharing
can eliminate this unemployment by lowering the marginal cost of labor.
The basic question is: Does profit sharing
work as a motivator for blue collar employees?
There is some evidence nationally and in Texas connecting compensation policies - in this case, profit sharing
and gainsharing - and productivity.
In this book, Douglas Kruse sets out to review the literature on the effects of profit sharing
and to provide new empirical evidence on profit sharing
's consequences using a new longitudinal data set containing information on both organizations with profit sharing
and those without it.
Rather, the partners must determine what works best for them by examining not only the nature of their business but also the partners' attitudes toward profit sharing
and business development.