profit sharing

noun

1. the sharing of profits, as between employer and employee, especially in such a way that the employee receives, in addition to wages, a share in the profits of the business.

profit-sharing

noun

1. a system in which a portion of the net profit of a business is distributed to its employees, usually in proportion to their wages or their length of service

profit sharing

1. Distributing the profits, or part of the profits, of a business to its employees.

Other Words From

• profit·sharing adjective

Word History and Origins

Origin of profit sharing¹

First recorded in 1880–85

Example Sentences

Tony-winning “Hamilton” actor Leslie Odom Jr. gets candid about thoughtfully originating Aaron Burr, and the lack of diversity and profit-sharing in the theater industry.

From Los Angeles Times

The negotiations made some progress this week after Daimler agreed to a profit-sharing plan for workers, according to the union.

From New York Times

Its profit-sharing model has provisions to include galleries as shareholders.

From New York Times

At the end of the contract, top-scale assembly workers will make about $42 per hour, plus they’ll get annual profit-sharing checks.

From Seattle Times

Due to $12.3 billion in North American pretax profits, about 45,000 members of the United Auto Workers will get profit-sharing checks of $12,250, the company said.

From Seattle Times