system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: What is "Profit Sharing", and is it an effective way to boost morale and production at small businesses for otherwise hourly employees?

Additionally, how does one normally go about launching a 'Profit Sharing' program?
gpt
Profit sharing is exactly what it sounds like - the company shares its profits with its employees.

So if a company has 10 employees, and makes $100 profit (over all its costs)... it might pay each employee $5 extra, and the other $50 is paid out to the owners.  Basically the owners are cutting all (or just some) of the employees in on the action.