some firms offer profit sharing after you work for a couple of months.
what is this?
What is "profit-sharing"? Forum
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bdubs
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Re: What is "profit-sharing"?
The mechanics of this probably vary from firm to firm, but generally profit sharing is a bonus that is contingent on firm performance. It's usually less discretionary than what is typical referred to as a bonus though, because it is determined formulaicly.
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Anonymous User
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Re: What is "profit-sharing"?
is ever a good idea to partake in this? Is it usually more or less than cravath model bonus for a healthy firm?bdubs wrote:The mechanics of this probably vary from firm to firm, but generally profit sharing is a bonus that is contingent on firm performance. It's usually less discretionary than what is typical referred to as a bonus though, because it is determined formulaicly.
