profit sharing

American  

noun

1. the sharing of profits, as between employer and employee, especially in such a way that the employee receives, in addition to wages, a share in the profits of the business.

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profit-sharing British  

noun

1. 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

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profit sharing Cultural  

1. Distributing the profits, or part of the profits, of a business to its employees.

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Other Word Forms

• profitsharing adjective

Etymology

Origin of profit sharing

First recorded in 1880–85

Example Sentences

The profit sharing issue is among the most contentious.

From Reuters

Last year, GM employees could have received up to $10,250 in profit sharing.

From Seattle Times

Fights over profit sharing have escalated between between distributors and content creators, who argue they have been short-changed as shows have taken off on streaming platforms.

From Los Angeles Times

Players will receive audited tournament financials for the first time and “a ground-breaking 50-50 profit sharing formula will align the interests of players and tournaments in growing the game as partners in success.”

From Seattle Times

She further claimed that after making those reports, she was demoted, denied her full profit sharing benefits, and received minimal raises in the four years of her employment at Blizzard.

From The Verge