Meaning of “profit sharing” in the English Dictionary

"profit sharing" in American English

See all translations

profit sharingnoun [ U ]

us /ˈprɑf·ɪt ˌʃeɑr·ɪŋ/

a system in which the people who work in a company are given part of the profits in addition to their regular pay

(Definition of “profit sharing” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"profit-sharing" in Business English

See all translations

profit-sharingnoun [ U ]

also profit sharing uk us

HR a system by which employees receive a part of the profits of a business:

The company's costs increased due to higher employee profit-sharing.
a profit-sharing agreement/plan/scheme

(Definition of “profit-sharing” from the Cambridge Business English Dictionary © Cambridge University Press)

Need a translator?

Translator tool

Get a quick, free translation!