profit sharing

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.

profit-sharing

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

profit sharing

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

Other Word Forms

• profitsharing adjective

Word History and Origins

Origin of profit-sharing¹

First recorded in 1880–85

Example Sentences

A profit-sharing model was introduced in 2022 and ensures players receive 50% of the profits generated by the ATP's nine Masters 1,000 tournaments.

From BBC

His committee recommended that any future contracts be changed to include profit-sharing mechanisms.

From BBC

Also, if somebody goes directly to Bookshop.org, does not select an independent bookstore to support and has not come to us through an independent bookstore and just does a direct sale, then we'll keep two-thirds of the profit, and a third of the profit will go to a profit-sharing pool, which we share with all the bookstores.

From Salon

The report found that the dentistry school’s implementation of a profit-sharing program that allows some health science faculty to receive additional compensation violated university policy because it was funded by student fees, rather than the clinic’s income from professional services.

From Los Angeles Times

Ting allegedly used his position as orthodontics chair to lower section expenses, including seeking to cut pay for part-time instructors in the clinic, to preserve faculty profit-sharing payments, according to the report.

From Los Angeles Times