Difference between revisions of "Profit-sharing"

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Revision as of 03:52, 4 December 2018

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 coursework