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Profit Sharing Jobs (NOW HIRING)

Profit sharing At Midas we are dedicated to providing quality services to customer vehicles in the areas of inspection, diagnosis and repair utilizing the expertise attained through ASE ...

At Redlands Midas you are a Quasi-Partner and share in the profits without limitation. The more the shop makes, the more you make. Responsibilities As a Midas automotive technician, you'll be exposed ...

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Profit Sharing information

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$22.5K

$107.6K

$396.5K

How much do profit sharing jobs pay per year?

As of Jun 1, 2026, the average yearly pay for profit sharing in the United States is $107,555.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,000.00 and $112,500.00 per year, depending on experience, location, and employer.

What is a Profit Sharing job?

A profit-sharing job is a role where employees receive a portion of a company's profits in addition to their salary. This incentive-based compensation plan rewards employees based on the company's financial success. Profit-sharing can be distributed as cash bonuses or contributions to retirement plans. The amount employees receive depends on the company's profitability and the specific terms of the profit-sharing plan. This approach aligns employee interests with business performance, encouraging productivity and teamwork.

What are the key skills and qualifications needed to thrive as a Profit Sharing Plan Administrator, and why are they important?

To thrive as a Profit Sharing Plan Administrator, you need a solid understanding of retirement plan regulations, financial analysis, and compliance requirements, typically supported by a degree in finance, business, or a related field. Familiarity with plan administration software, IRS and Department of Labor guidelines, and certifications like QKA (Qualified 401(k) Administrator) are often required. Attention to detail, organizational skills, and effective communication are crucial soft skills for ensuring accurate plan management and participant support. These skills are vital for maintaining regulatory compliance, minimizing errors, and ensuring the plan meets the needs of both employers and employees.

How does participating in a profit sharing program affect my day-to-day responsibilities and collaboration within a company?

Being part of a profit sharing program often encourages employees to take greater ownership of their work and align their efforts with company goals. This can foster a more collaborative and team-oriented atmosphere, as everyone benefits from the company's overall success. In many organizations, profit sharing motivates employees to share ideas, support colleagues, and look for ways to improve efficiency or customer satisfaction, since their contributions have a direct impact on their financial rewards. You may also find that management emphasizes transparency and regularly communicates about business performance to keep everyone engaged and informed.

What is profit sharing?

Profit sharing is an incentive program where a company shares a portion of its profits with its employees. This can be done through direct cash payments, retirement plan contributions, or company stock. The goal of profit sharing is to motivate employees by aligning their interests with the success of the business, encouraging higher productivity and loyalty. The specific formula and eligibility for profit sharing can vary between companies and plans.

What is the difference between Profit Sharing vs Sales Associate?

AspectProfit SharingSales Associate
DefinitionBonus or compensation based on company profits distributed to employeesBase salary plus commissions or bonuses based on sales performance
EligibilityTypically offered to employees across various rolesPrimarily sales staff or retail employees
Work EnvironmentOffice, corporate, or retail settingsRetail stores, showrooms, or client-facing environments
PurposeEncourage company-wide performance and shared successMotivate sales performance and revenue generation

Profit Sharing and Sales Associate roles differ mainly in their compensation structure and purpose. Profit Sharing rewards employees based on overall company profits, fostering a sense of shared success. Sales Associates, on the other hand, earn commissions or bonuses directly tied to their individual sales performance, focusing on revenue generation. Both roles are common in retail and corporate settings but serve different motivational and financial functions.

What cities are hiring for Profit Sharing jobs? Cities with the most Profit Sharing job openings:
What are the most commonly searched types of Profit Sharing jobs? The most popular types of Profit Sharing jobs are:
What states have the most Profit Sharing jobs? States with the most job openings for Profit Sharing jobs include:
Infographic showing various Profit Sharing job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 87% In-person, and 13% Hybrid job distribution, with an average salary of $107,555 per year, or $51.7 per hour.
Chief Mechanic with Profit Sharing

Chief Mechanic with Profit Sharing

Midas

Redlands, CA • On-site

$28 - $40/hr

Other

Retirement

Posted 28 days ago


Midas rating

5.6

Company rating: 5.6 out of 10

Based on 149 frontline employees who took The Breakroom Quiz

262nd of 325 rated vehicle maintenance


Job description

Benefits:
  • 401(k)
  • Competitive salary
  • Employee discounts
  • Free uniforms
  • Profit sharing

At Midas we are dedicated to providing quality services to customer vehicles in the areas of inspection, diagnosis and repair utilizing the expertise attained through ASE Certifications and/or years of automotive repair experience.
We are looking for automotive technicians/mechanics that are able to work independently of others, while also being able to work collaboratively at times with peers. We have a full-service facility and we are looking for automotive technicians to help us create an environment of success!
Responsibilities
As a Midas automotive technician, you'll be exposed to and have responsibility for performing a wide range of diagnostics, repairs and maintenance, including:
  • Diagnostics using state-of-the-art computer systems
  • Tires and tire repair
  • Car heating and air conditioning
  • Steering and suspension
  • Belts and hoses
  • Radiator and engine cooling systems
  • Batteries, starting and charging
  • Steering and suspension
  • Brakes and brake repair
  • Oil changes
  • Check engine light
  • Mufflers and exhaust services
  • Visual safety and courtesy inspections

Qualifications
  • Ability to repair vehicles independently, while also having experience working well in a team environment
  • Knowledge in automotive brakes, exhaust, suspension, & engine diagnostics
  • Track record of high personal productivity
  • Knowledge of, and adherence to, safety and environmental standards for repair facilities
  • Experience using shop equipment such as lifts, tire changing equipment, alignment machines and scan tools
  • High School Diploma or equivalent - technical degree a definite plus
  • Valid driver's license
  • Able to service both foreign and domestic vehicles

Compensation: $28.00 - $40.00 per hour
Join Our Team
As one of the largest destinations for automotive services, Midas is dominating the industry in developing career paths and building relationships within the communities they serve.
At Midas, we take care of everything... tires, brakes, oil... so the opportunities to grow and develop expertise with Midas are endless.

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