Profit sharing for Ireland?

Abstract

Profit sharing (PS) may be defined as an agreement between an employer and workers to pay a share of the profits or wealth created by the organisation, in addition to wages and direct incentives. It is a recognition of the worker's right to a share in the results of the organisation, just as the right of those who provide the capital. Profit sharing is regarded frequently as a direct incentive to employees, whose extra efforts can increase the profitability of an enterprise; it should not be confused with productivity schemes, however.