Difference between revisions of "Profit-sharing"
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| − | [[Profit-sharing plan]] is an organization-wide program that distributes compensation based on some established formula designed around a company's profitability. | + | [[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. |
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Latest revision as of 19:59, 25 March 2020
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.
