profit-sharing

listen to the pronunciation of profit-sharing
English - Turkish
kar paylaşımı

Related Terms

Profit-loss sharing
Kâr kaybına ortaklık
profit share
(Ticaret) kar payı
profit sharing
kar paylaşımı
profit sharing
kâr bölüşümü
profit sharing
kâr dağıtımı
English - English
Profit-sharing is a system by which all the people who work in a company have a share in its profits
A system in which some of the profit of an enterprise are divided among the workers, giving them an incentive for profits without an equity interest
The return of some company profit to employees in the form of a cash bonus or a retirement supplement (7)
system in which an agreed proportion of a company's profits is paid to employees (as well as wages and salaries)
A system by which employees receive a share of the profits of a business enterprise. a system by which all the people who work for a company receive part of its profits. System by which employees are paid a share of the profits of the business enterprise in which they are employed, in keeping with a plan outlined in advance. These payments, which may vary according to salary or wage, are in addition to regular earnings. Profit-sharing plans were probably first developed in France in the early 19th century as worker incentives. Today such plans are used by businesses in Western Europe, the U.S., and parts of Latin America. Profit shares may be distributed on a current or deferred basis or through some combination of the two. Under current distribution, profits are paid out to employees immediately in the form of cash or company stock. In deferred-payment plans, profit shares may be paid into a trust fund from which employees can draw annuities in later years
sharing of profits between employer and employees
Providing a share of a company's profits to the employees in the form of a bonus
Compensation arrangement whereby employees receive additional pay or benefits when the company earns or increases profit
The return of some company profit to employees in the form of a cash bonus or a retirement supplement
A type of pension or Keogh Plan that lets the employees share in the company's profits
a system in which employees receive a share of the net profits of the business
A defined contribution plan where contributions are discretionary With this type of plan an employer may decide each year whether he/she wants to contribute, regardless of profits of the business The maximum contribution for this type of plan is $15% or $25,500 (whichever is less) This amount is based on the current cap on compensation of $170,000 A profit sharing plan is considered to be qualified under Section 401 of the IRS code With this type of plan all contributions are held in trust
A defined contribution plan in which employers allow employees to share in company profits The employer’s contribution may vary from year to year with no minimum required Funds generally accumulate on a tax-deferred basis until the employee leaves the company or retires An employee’s retirement benefit depends on the amount in his or her account at retirement
Compensation arrangement whereby employees receive additional pay or benefits when the company earns or increases profits
An agreement under which employees share in the profits of their employer
profit-sharing
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