Profit-sharing
(Redirected from Profit-sharing plan)
Profit-sharing (alternatively known as profit-sharing plan) is an organization-wide program that distributes compensation based on some established formula designed around a company's profitability.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Profit-sharing plan. An organization-wide program that distributes compensation based on some established formula designed around a company's profitability.
