It's a system where employees receive a share of company profit based on key performance measures and metrics - usually in the form of bonuses or other incentive payouts.
This powerful strategy praise cooperation for continuous improvement, allowing businesses to increase profitability in the process.
Profit-sharing works by setting aside a percentage of the company's annual profits, which is then allocated to eligible members. This is in addition to their regular compensation. Generally, an member receives a percentage or dollar amount of the business's profits, which are deposited into the their individual profit sharing account.
Networking with Nabahli
We’re working to build a mutual orbit of integrity and reliability; Catering to our network's needs and establishing sustainability among our members.
Our vision is to become a mutual contributor to all members and partners established within our network; Advocating in reducing the overhead of sourcing, securing resources, executing lucrative proposals, and refining business practices. At their healthiest, our members are fully stable businesses capable of providing consistent contributions back to our network.
Each business we uplift provides options for owner in the market and offer a trade to our community. This is the best practice to empowering our people and ensuring a unified development of Detroit!
Darian E. Nimbee
Founding Member