proring
pro
ˈprɑ:
praa
ring
rɪng
ring
British pronunciation
/pɹˈɒfɪt ʃˈeəɹɪŋ/

Definition & Meaning of "profit sharing"in English

Profit sharing
01

a business arrangement in which a company distributes a portion of its profits to its employees or other stakeholders

example
Examples
The company introduced a profit-sharing plan to reward employees.
The startup ’s profit-sharing model helped boost employee motivation.
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