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In 1973, a particular form of profit sharing scheme was introduced.
It also introduced a profit sharing scheme for its employees.
Have you considered a profit sharing scheme?
This legislation introduced a government-assisted profit sharing scheme.
Approved profit sharing schemes.
In a profit sharing scheme (s 186, ICTA 1988), the company sets up a trust to buy shares on behalf of employees.
P&O Profit Sharing Scheme (1985)
The Robinsons however continued to demonstrate a balanced reaction to the emerging union influences and later were industry leaders in the introduction of pensions and profit sharing schemes.
The concession relates to profit sharing schemes, savings related share option schemes and other share option schemes approved under Sch 9, TA 1988.
All this was undertaken as part of his "Good Fellowship system" and "Profit Sharing scheme" that also featured bonus pay on top of wages and reduced working hours.
An employee profit sharing scheme is open to all UK full time (minimum of 25 hours per week) employees of the company who have completed five years continuous service as at 1 April.
The Directors propose a number of changes to the two existing schemes, the British Gas Employee Profit Sharing Scheme and the British Gas Sharesave Scheme.
Performance Bonus IBOA identified its concern in relation to a new Performance Bonus which is replacing the old Profit Sharing Scheme in NIB.
The remuneration committee, consisting of all the independent directors, determines the employment terms and total remuneration of the executive directors and the amounts to be appropriated to employees through the profit sharing scheme.
That the British Gas Employee Profit Sharing Scheme and the British Gas Sharesave Scheme be altered in the manner described in the attached Explanatory Notes.
Mr O'Hare suspects that 'not that many [profit sharing schemes]have been put in place over the last couple of years' because of the cash flow drain represented by the company's contributions to the fund.
In order to become partner in the profit sharing scheme, the member had to learn the special Hope & Co. bookkeeping method developed by Adrian Hope, who had assisted filing the Clifford bankruptcy.
It is proposed to alter the Profit Sharing Scheme so that the Directors may permit participation in the Profit Sharing Scheme by employees who are temporarily or permanently working overseas.
For example, the Approved Profit Sharing scheme (APS), the SAYE scheme and the Discretionary Share Option Scheme, all provide tax incentives for employees to buy shares in their companies.
Over a third of the Group's 104,000 UK employees hold shares through the Staff Profit Sharing Scheme and have seen the value of the shares grow significantly over the last five years as a result of the company's continued success.
Those of you who have acquired shares through the profit sharing scheme will note with pleasure that Rentokil shares have performed the best of all the FTSE 100 over the past five year period, with an almost fourfold increase since 1987.