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The advantages of profit sharing in companies is a system where employees receive a portion of the company's profits and staff is in the same position as shareholders. The Advantages are improved loyalty to the company and mesh Management with Staff. The employees are more willing to accept changes within their working practices because it decreases costs for the company and increases the profit margin. The Disadvantages are that the share given to employees is often too small to provide essential incentive. The employees may feel that no matter how hard they work it will not show a noticeable effect on the companies profit margin so this leads to no incentive. i like fluffy ginger pubes
Wiki User
∙ 16y ago
Wiki User
∙ 11y agoProfit-sharing is a way of making money out of a business venture. Different people invest capital or ideas or labour into the project. Whatever profits result from the venture are shared out among all of them.
A profit-sharing bonus would be a bonus received from profit-share, presumably because the profits were much larger than expected. One advantage of profit-sharing is that such bonuses may occur.
The disadvantage of this system is that the venture might fail, in which case the investors lose their stake.
Many people think profit-share is more ethical than fixed interest payment because everyone involved has equal risk and equal bonus.
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How does profit sharing work?
formula of profit sharing bonus
Who made profit sharing?
Nobody really made profit sharing. Profit sharing is an idea that blossomed because it was the most efficient way of moving forward.
What has the author J J Jehring written?
J. J. Jehring has written: 'Profit sharing' -- subject(s): Bibliography, Profit-sharing 'Succeeding with profit sharing' -- subject(s): Profit-sharing 'Pre-severance benefits in deferred profit sharing' -- subject(s): Profit-sharing 'A comprehensive bibliography on total group productivity motivation in business covering such subjects as profit sharing, productivity sharing, employee stock ownership and employer-employee cooperation' -- subject(s): Bibliography, Incentives in industry
If your fired from a job can the employer keep your profit sharing money?
I got fired from a job do i get my profit sharing
Who made Profit?
Nobody really made profit sharing. Profit sharing is an idea that blossomed because it was the most efficient way of moving forward.
Differentiate between profit sharing and co-ownership schemes of incentives to labor?
Profit sharing and co ownership of labour
Does ERISA affect profit sharing?
No.
What is a united profit sharing order book worth?
found a catalog from 1924 united profit sharing corp looking for the value
Can you rollover a profit sharing plan to a roth IRA?
Yes, if it is a qualified Profit sharing plan, i.e. Pre-taxed or Post taxed.
What has the author Carmine V Scudere written?
Carmine V. Scudere has written: 'Pension and profit sharing plans for small & medium size businesses' -- subject(s): Law and legislation, Pension trusts, Profit-sharing, Taxation 'Pension and profit-sharing plans compliance guide' -- subject(s): Forms, Law and legislation, Pension trusts, Profit-sharing
If a person has a profit sharing plan at work can they still contribute to an IRA?
I don't see why not. It's your money and you can do whatever you want with it. It will not affect your Profit Sharing.
What is the Wrigley's united profit sharing coupon five 573243 drv worth?
What year was the wrigley's united profit- sharing coupon made and much are they worth now what year was the wrigley's united profit- sharing coupon made and how much are they worth now 953493 1935
