Profit-sharing
Scope Notes
Here are entered works on the sharing of all profits or a predetermined percentage of them among all employees. Works on the distribution of money in the form of a bonus to employees as an outright gift or as a reward for outstanding achievement are entered under [Bonuses (Employee fringe benefits).] Works on any of a variety of wage payment methods in which workers receive additional earnings solely due to increases in productivity are entered under [Gain sharing.]
Used for
- Deferred profit sharing plans
- Profit sharing plans
Examples
Notes under [Bonuses (Employee fringe benefits); Gain sharing]
Broader Terms (3)
Related Terms (2)
Hierarchy
Broader groupings: