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; Solely 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 proper licensing, executing lucrative proposals within our network, and assisting in refining business practices. At their healthiest, our members/partners become established and stable businesses capable of contributing back to future members within our communities.
It is within our best interest to allocate funds to our local communities across the city of Detroit. Providing the means for those whom wish to support our efforts as well as enact their own ideas/practice to promote diversity amongst us.
Each business we uplift provide options for those to participate 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 our city!
Daria E. Nimbee
Founding Member