Profit-sharing
Revision as of 19:59, 25 March 2020 by Gary (talk | contribs) (Gary moved page Profit-sharing plan to Profit-sharing)
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.