Remove 401(k) Remove Employee Compensation Remove Employee Loyalty Remove Employee Retention
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All You Need to Know About Profit-Sharing

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In addition, the employer sets a lock-in period before which the employee cannot withdraw the money. In such plans, the employer combines the profit-sharing with the 401(k) plan. Thus, implementing such a plan results in enhanced employee retention. Profit-sharing Vs. 401(k). Profit-sharing.

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