Glossary entry

Spanish term or phrase:

participación en las utilidades o resultados

English translation:

profit or income sharing

Added to glossary by Stuart Allsop
Jul 5, 2006 20:09
17 yrs ago
14 viewers *
Spanish term

participación en las utilidades o resultados

Spanish to English Bus/Financial Law: Contract(s) collective bargaining agreement
This phrase occurs in a document describing the collective bargaining process.

Context: "Es preciso reiterar que lo que se revisa en un proceso de negociación colectiva es el contrato de trabajo y no está en revisión la ***participación en las utilidades o resultados*** de la empresa."

I don't get what the difference is between "participación en las utilidades" and "participación en los resultados": It's the exact same thing, as far as I know (profit sharing)! So I can't figure out how to deal with this phrase elegantly. "Neither profit sharing nor sharing in the company's profits are under consideration."? UGH!

Any suggestions?

Proposed translations

14 mins
Selected

profit or income sharing

resultados is usually translated as income, and utilidades as profits / earnings.
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4 KudoZ points awarded for this answer. Comment: "I think this makes the most sense in my context. Thanks!"
+2
14 mins

profit sharing or employees´ sharing in the company's profits

"participación en las utilidades" in Mexico usually refers to the employees' profit sharing in the company's profits; "resultados" is generally "earnings"

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Note added at 17 mins (2006-07-05 20:27:32 GMT)
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Ref: Dicc. de Terminologia Juridica Mexicana, Javier F. ecerra, Escuela Libre de DerechoB
p. 588 col. 1
Peer comment(s):

agree ConnectingLang
7 mins
agree Refugio
38 mins
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35 mins

profits or earnings

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Note added at 38 mins (2006-07-05 20:48:28 GMT)
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Wages, Hours of Work and Manning Convention Source: Unofficial PART I. ... own account or remunerated exclusively by a share of profits or earnings; (j) persons not remunerated for their ... or chiefly by a share of profits or earnings. Article 12 In ...
darkwing.uoregon.edu/~iea/TreatyTexts/1958-WagesHoursWorkManning.EN.txt

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9 hrs

participation of employees in the profits or financial results

Hope it helps !
participation of employees in the profits or financial results of the company

Financial participation of employees in the profits and results of the enterprise may take many different forms. The common element - and their main characteristic - lies in the fact that they are intended to give employees, usually all employees, access to the enterprise's profits and/or results.

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Note added at 10 hrs (2006-07-06 06:11:37 GMT)
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http://europa.eu/scadplus/leg/en/cha/c10138.htm
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