A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll ...
A profit-sharing plan gives employees a portion of the profits a company earns. This type of retirement plan, which is also known as a deferred profit-sharing plan, provides a discretionary ...
General Motors Co. will deliver record profit-sharing payouts of up to $14,500 this year to about 48,000 eligible hourly workers, according to the company's financial results released Tuesday.
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Bankrate on MSNWhat is profit-sharing?What are the disadvantages of profit sharing? The main disadvantage of profit sharing is that there isn’t always a set ...
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