profit sharing

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Related to Profit sharing plan: Deferred Profit Sharing Plan
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  • noun

Words related to profit sharing

a system in which employees receive a share of the net profits of the business

References in periodicals archive ?
Our profit sharing plan is a great way for our employees to see how their efforts to continually improve productivity, quality and customer service enable the company to increase profits and our profit sharing contribution.
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.
Steelman, Business Manager for the Sacramento Area Electrical Workers Pension & Profit Sharing Plan.
LOUIS, April 11 /PRNewswire-FirstCall/ -- The May Department Stores Company , one of the country's leading department store retailers, today announced it is crediting $60 million through its Profit Sharing Plan to the 62,000 associates nationwide who participate in the plan.
The May Department Stores Company , one of the country's leading department store retailers, today announced it is crediting $53 million through its Profit Sharing Plan to the 52,000 associates who participate in the plan nationwide.
LOUIS, March 24 /PRNewswire-FirstCall/ -- The May Department Stores Company , one of the country's leading department store retailers, today announced it is crediting $28 million through its Profit Sharing Plan.