Originally Posted by
DashTrash
Yup, it is the Company's profits. We just get to share those profits because of the UPA.
Yes - it is in the UPA. At some point along the way it was negotiated as a way for the company to pay employees only if the company made a profit. We, the employees, paid forward for the profit sharing - it's not a gift - it was earned.
This may be the reason the accounting geniuses lumped it in with a monthly check instead of paying with a separate check.