employee profit-sharing scheme

  • 1profit-sharing scheme — A scheme by which employees share in the profits of a business, usually through some type of share ownership. See employee share ownership plan; employee share ownership trust; savings related share option scheme; share option See also gain… …

    Big dictionary of business and management

  • 2profit-sharing scheme — A scheme by which employees share in the profits of a business, usually through some type of share ownership. See: employee share ownership plan, employee share ownership trust, savings related share option scheme, share option …

    Accounting dictionary

  • 3profit-sharing — UK US (also profit sharing) noun [U] ► 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 …

    Financial and business terms

  • 4profit-sharing — profˈit sharing noun A voluntary agreement under which an employee receives a share, fixed beforehand, of the profits of a business • • • Main Entry: ↑profit * * * ˈprofit sharing [profit sharing] noun uncountabl …

    Useful english dictionary

  • 5approved profit sharing — Under the Income and Corporation Taxes Act 1988, this scheme requires the establishment of an employee benefit trust into which the company pays cash out of its profits. The company obtains a corporation tax deduction for any such payment. Such… …

    Law dictionary

  • 6employee — /ɪm plɔɪi:/ noun a person employed by another ● Employees of the firm are eligible to join a profit sharing scheme. ● Relations between management and employees are good. ● The company has decided to take on new employees. ▪▪▪ ‘…companies… …

    Dictionary of banking and finance

  • 7Employee benefit — Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, perqs or perks) are various non wage compensations provided to employees in addition to their normal wages or salaries. Where an… …

    Wikipedia

  • 8Employee ownership — occurs when a corporation is owned in whole or in part by its employees. Employees are usually given a share of the corporation after a certain length of employment or they can buy shares at any time. A corporation owned entirely by its employees …

    Wikipedia

  • 9For-profit education — (also known as the education services industry or proprietary education) refers to educational institutions operated by private, profit seeking businesses. There are two major types of for profit schools. One type is known as an educational… …

    Wikipedia

  • 10package — ▪ I. package pack‧age 1 [ˈpækɪdʒ] noun [countable] 1. TRANSPORT an amount of something or a number of things, packed together and wrapped up ready to be sent somewhere ; = PARCEL: • The company delivers 300,000 packages overnight …

    Financial and business terms