Originally Posted by
Bluedriver
I don't really understand your question, but you still didn't answer mine.
You say management can just "accounting trick" their way out of paying. So then why have they refused to give us back the plan? Why refuse to give us something that is in your mind virtually worthless? I don't get that, and you aren't really answering it. If they don't have to pay, and it doesn't cost them anything, why not just give it to us?
Why SHOULD they bother when they aren’t paying you any meaningful PS now?
But why are YOU so averse to even bringing up the idea of revenue sharing? This is scarcely a new concept.
example:
Professional Sports
Several major professional sports leagues use revenue sharing with ticket proceeds and merchandising. For example, the separate organizations that run each team in the NFL jointly pool together large portions of their revenues and distribute them among all members.
As of 2020, the NFL and the players'
union agreed to a revenue share split that would pay the team owners 53% of the revenue generated while players would receive 47%.
1 In 2019, the NFL generated about $16 billion in revenue, meaning that slightly more than $8.5 billion was disbursed to the teams while the remaining got paid out to the players.
2
Various kickers and stipulations can be added to revenue-sharing agreements. For instance, if the NFL season is extended from 16 to 17 games in the coming years, the players would receive additional revenue or a kicker if advertising revenue from TV contracts increased by 60%.
1 In other words, revenue sharing agreements can include percentage increases or decreases in the future depending on performance or specific pre-set metrics.
https://www.investopedia.com/ask/ans...k-practice.asp
Revenue Sharing vs. Profit Sharing
Don’t confuse revenue sharing with profit sharing, or you might be in for a nasty surprise at the end of the year. Profit sharing is a split of the profits, not revenues. This means you only get paid if there’s a profit, but you aren’t responsible for helping pay off any losses.
Make sure you understand all of the profit-sharing advantages and disadvantages before you consider going this route. For example, be careful to read the fine print of a profit-sharing agreement; some businesses try to charge as many expenses as possible to the business (including the owner’s salary) so there will be no profit left over.
If you want to set up a profit-sharing program for your management team or employees, make sure everyone knows what will be considered an expense to avoid any hard feelings.
You can set up a profit-sharing plan for employees that contributes the money to their retirement accounts. Whichever route you choose, ensure you follow IRS guidelines for these types of payments, advises
Group Management Services.
https://smallbusiness.chron.com/adva...ing-21864.html
Revenue sharing is scarcely alien to the airline business. It’s pretty much the basis for the legacy regional feed model, where the legacy sells the tickets and pays a share of the revenue to the regional.