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Definition of Profit sharing
1. Noun. A system in which employees receive a share of the net profits of the business.
Definition of Profit sharing
1. Noun. A system in which some of the profit of an enterprise are divided among the workers, giving them an incentive for profits without an equity interest. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Profit Sharing
Literary usage of Profit sharing
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Encyclopedia Americana: A Library of Universal Knowledge (1919)
"profit sharing, a method by which wage-earners receive a share of the profits
... Strictly speaking, profit sharing implies that the bonus shall be given to ..."
2. Public Affairs Information Service Bulletin by Public Affairs Information Service (1920)
"Report on profit-sharing and labour co-partnership in the United Kingdom. ...
HW National scheme of profit sharing. 20p tables '20 Industrial league and ..."
3. Principles of Economics by Frank William Taussig (1915)
"Among the proposed remedial devices are profit sharing/welfare ... profit sharing
is a device for binding together the employer and the employees engaged in ..."
4. Principles of Economics by Frank William Taussig (1921)
"profit sharing affect« profits as the residual element. ... profit sharing will
not be widely applied unless it pays, by increasing efficiency. ..."
5. Principles of Economics by Frank William Taussig (1915)
"Among the proposed remedial devices are profit sharing, ... profit sharing is a
device for binding together the employer and the employees engaged in a ..."
6. The Johns Hopkins University Studies in Historical and Political Science by Johns Hopkins University (1888)
"V. PROFIT-SHARING. Whenever a workman has it within his power to increase the
... Skilled labor is the essential to a successful scheme of profit- sharing, ..."
7. Labor Problems: A Text Book by Thomas Sewall Adams, Helen Laura Sumner (1905)
"(5) The Public Ledger of Philadelphia also denies the existence of any system of
profit sharing in Its office; (6) Rand, McNally & Company of Chicago state ..."
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