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Profit-Sharing: Features, Types and Problems | Wage System | Economics

In this article we will discuss about:- 1. Definition of Profit-Sharing 2. Features of Profit-Sharing 3. Types 4. Profit-Sharing’s Relation to Wages 5. Merits 6. Limitations 7. Profit-Sharing in India 8. Problems 9. Unions’ Attitude. Definition of Profit-Sharing: The International Co-operative Congress, Paris, France, in 1889 defined profit-sharing as: “An agreement freely entered into, by […]

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