Employers can contribute up to 100 percent of an employee’s compensation ... a company that offers a profit-sharing plan for its employees and uses a point system to calculate contributions.
The maximum amount of salary that can be used to calculate a profit-sharing amount ... of plan "encourages employees to buy into the company vision, and further increases employee loyalty ...
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
Based on Ford Motor Co.'s annual profits in the United States, some 57,000 hourly workers at its factory could get sizable ...
Like a traditional 401(k) plan, a profit-sharing 401(k) plan is an employee benefit that can provide a vehicle for ...
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What is profit-sharing?
What are the disadvantages of profit sharing? The main disadvantage of profit sharing is that there isn’t always a set ...