profit sharing
5
3.0
- noun
- /ˈprɒfɪt ˈʃɛrɪŋ/
- Specialized
:
participación en las ganancias
- Not only did his father lose his profit-sharing bonus, he lost his job.
- profit sharing plan
We need to incentivize more profit sharing.
- We need to incentivize more profit sharing.
- So most people made, they got good salaries, like I paid more than average, but the profit sharing made them paid very highly.
Examples
-
Solidarity associations are set up in individual firms to provide loans and other services to workers through profit-sharing arrangements.
Academic text (1999) -
So we instituted a profit-sharing plan where we took ten percent of our profit and paid the employees.
Academic text (1996) -
Finally, we closed it out, and we paid them five percent and forgot all about profit sharing.
Academic text (1990) -
The employees then went to the union, which is a tough union, and said we want this profit sharing.
Academic text (1996) -
Similarly, various forms of profit sharing are becoming more common in Canada.
Academic text (1996) -
We now have profit sharing in the automotive companies.
Academic text (1996) -
Consequently, greater capital intensity will yield greater profit sharing and higher incomes for workers.
Academic text (1997) -
To avoid unnecessary stress on everyone's part, we have instituted a profit-sharing plan based on incentive points.
Blog text (4) -
In 1842, a French house painter, Edme Jean LeClaire, instituted a profit-sharing program for his employees.
Blog text (29) -
H-P employees are eligible for profit sharing after six consecutive months of service with the company.
Synonyms
A business system where workers get a share of the profits as well as wages
How Generous
1
4.1
- Specialized
5
3.0
- Specialized
32
4.8
310
2.2
642
1.3
Surface Forms
Morphology
The meaning 'a system where employees receive a share of a company's net profits' is directly and compositionally derived from 'profit' (net monetary gain) + 'sharing' (apportioning parts). This straightforward noun-noun construction follows common cross-linguistic patterns and would be understandable to a B1 learner who knows the constituent words.
Etymology
Profit sharing comes from the simple image of cutting the company's profits like a pie and sharing slices with employees. So it means 'employees receive part of the company's profits' as part of their pay.