From Longman Dictionary of Contemporary Englishprofit sharingˈprofit ˌsharing noun [uncountable] BECa system by which all the people who work for a company receive part of its profits
Examples from the Corpus
profit sharing• Another argument against profit sharing is that employee effectiveness is not the only determinant of profit performance.• The basic methods are profit sharing, partnership schemes and earned bonus.• He doesn't believe that extra money motivates, whether that money be a bonus, profit sharing or a salary increase.• Similar principles apply in the case of bonuses, which often involve an element of profit sharing.• The project also studies the incidence of profit sharing and employee share ownership across the economy.• Members of staff benefit directly from the Group's success through profit sharing.From Longman Business Dictionaryprofit sharingˈprofit ˌsharing (also profit-sharing) noun [uncountable]1HUMAN RESOURCES when a company gives part of its profits to its employeesHe has long believed in employee profit-sharing or employee ownership.The 2007 profit-sharing payments averaged $650 among full-time employees.2INSURANCEFINANCE when a MUTUAL (=an insurance company or other financial institution without shareholders) pays out part of its profits to its members 