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.
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[[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.
  
  

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.

Related concepts

Related lectures