Pronunciation: /ˈprɑfɪt ˈʃɛrɪŋ/
noun a system in which employees receive a share of the profits of a business
A1 Profit sharing means employees receive a portion of the company's profits.
A2 Workers at the factory are happy because they have profit sharing in place.
B1 Many companies offer profit sharing as a way to motivate employees and increase productivity.
B2 The profit sharing scheme at this company is based on individual performance and company profits.
C1 Negotiating a fair profit sharing agreement is crucial for maintaining a positive work environment.
C2 The company's profit sharing program has been praised for its transparency and fairness.
formal The company implemented a new profit sharing program to incentivize employees to work harder.
informal Hey, did you hear about the new profit sharing scheme at work? We might actually get a decent bonus this year!
slang I'm hoping the profit sharing thing kicks in soon so I can finally afford that vacation.
figurative In a true partnership, both parties engage in profit sharing to ensure mutual success.
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