The Bonus of a Lifetime.
Areal estate company in Baltimore, Maryland, gave its employees a Christmas they will never forget.
At the December 7 employee Christmas party for St. John Properties, the company CEO announced that the 198 employees would be receiving a total of $10 million in bonuses. According to Today.com, the amounts per employee varied depending on tenure, but on average, the bonus per employee was approximately $50,000, with the highest bonus being $270,000.
"I steer the boat but they're the ones that run the boat, they're the ones that make the boat go," Edward St. John, the company's founder and chairman, declared in a video that played after he made the announcement. "Without the team, we are nothing, we are absolutely nothing."
The employees were overwhelmed with joy when they received the news. "I was in shock. I'm still in shock," said Stanley Ches, a maintenance technician for the company who started at the company in 1981. "Everybody was shaking me down and giving me hugs."
Another employee said, "What happened tonight was magical."
A spokesperson for the company explained the bonuses were the result of the company reaching its goal of developing 20 million square feet in eight states. "To celebrate the achievement of our goal, we wanted to reward our employees in a big way that would make a significant impact on their lives," said St. John in a statement.
The bonuses will be distributed in January and will be paid in addition to the company's annual year-end bonus, CBS News reported.
St. John will not soon forget the emotions his announcement elicited from his staff. "Grown men were crying," St. John recalled to Today.com. "It was an unbelievable moment. There's no question."
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|Title Annotation:||THE GOODNESS OF AMERICA|
|Publication:||The New American|
|Date:||Jan 20, 2020|
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