Business Studies, asked by arwaghaniwala, 6 months ago

what is mean by profit sharing ?​

Answers

Answered by kavanshah41
2

Answer:

A profit-sharing plan is a retirement plan that gives employees a share in the profits of a company. Under this type of plan, also known as a deferred profit-sharing plan (DPSP), an employee receives a percentage of a company's profits based on its quarterly or annual earnings.

Explanation:

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Answered by Priyanka0213
1

Explanation:

A profit-sharing plan is a retirement plan that gives employees a share in the profits of a company. Under this type of plan, also known as a deferred profit-sharing plan (DPSP), an employee receives a percentage of a company's profits based on its quarterly or annual earnings.

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