profit-sharing love


from The Century Dictionary and Cyclopedia

  • n. The fact or principle of the division of realized profits between the capitalist, the employer, and the employee, in addition to regular interest, salary, and wages.


Sorry, no etymologies found.


  • However, there are actually two kinds of defined benefit plans—one is called a money purchase plan, as shown in the chart above, and the other is called a profit-sharing plan, which limits your maximum deductible contribution to 13.04%.


  • As soon as management made clear they were refusing labor's request for a larger slice of the pie -- in the form of profit-sharing or decent wages and benefits -- the lines were drawn.

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  • Both parties want to see a "gradual" increase in the role of Islamic banking—a financial concept that works around Islamic laws against charging interest through profit-sharing mechanisms.

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  • On Tuesday, the UAW detailed its tentative four-year labor agreement with GM that would give workers richer profit-sharing checks and return thousands of union jobs lost in recent years.

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  • Under its terms, workers would get a combination of one-time payments and profit-sharing pay that would range between $12,500 and as much as $25,000 over the life of the contract.

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  • The high end of the range is based on profit-sharing payments that assume the Detroit auto maker earns at least $5 billion a year.

    New Era for Auto Industry

  • The agreement would give workers richer profit-sharing checks and restore thousands of union jobs.

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  • The company would also provide each worker a $6,000 signing bonus, a $1,500-a-year inflation payment and potential profit-sharing bonuses.

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  • Union officials expect Ford workers also should see an average profit-sharing check of $3,700 for this year, based on financial performance during the first half of the year.

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  • Separately, the auto maker said it will make profit-sharing payments to about 41,600 U.S. hourly employees based on its 2011 financial performance.

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