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Concept information

social science subjects > business and management > human resource management > pay and rewards > profit sharing
social science subjects > business and management > sociology of work > pay and rewards > profit sharing
social science subjects > sociology > sociology of work > pay and rewards > profit sharing
social science subjects > business and management > finance > profit sharing

Preferred term

profit sharing  

Definition

  • Profit sharing is a performance incentive plan that distributes a fixed percentage of an organization's pretax profits to qualified employees. According to a 2001 survey by Medical Economics, 30% of physicians in the United States participate in a profit-sharing plan. [Source: Encyclopedia of Health Care Management; Profit Sharing]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-B6K6WL3T-P

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