Instead of the standard 1, 000 rand a month in salary, he offered the Orkney miners a base salary of 750 rand plus a profit-sharing bonus that could double their pay.
FORBES: Magazine Article
2.
Five-year averaging can be used only for distributions from company or Keogh pension, profitsharing or stock bonus plans, not for payouts from IRAs.
FORBES: The Five-Year Itch
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Three years ago, he introduced a profit-sharing scheme under which each firm contributes a third of profits to a common bonus-pool, and fund management is run globally from New York.