Company announces Rs 35 lakh bonus for each of its staff members

The Hush Post | 8:01 pm | One-minute read |

A real estate company has given its staff around Rs 35 lakh each as bonus. The company has spent over Rs 71 crore to give bonus to its 198-strong staff. The entire staff was astonished to receive the cheques and some even had tears in their eyes.

St. John Properties in Baltimore, US announced the bonus during a holiday party. Announcing the bonus, company founder and chairman Edward St. John said, “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”.

According to New York Post, the staff has been handed bonus money according to the time spent in the company. Majority of the employees got Rs 35 lakh each, the report said.

The company said it was able to additional money to the staff as it performed excellently. The company has readied 2 crore sq. ft. properties ranging from offices, retail stores and godowns across 8 states in the US.

In a video released by the company, accounts specialist Daniel Valenzia termed it an life changing experience. She has been working with the company for the past 19 years.

What’s the icing on the cake is the fact that this holiday bonus is apart from the regular annual bonus given by the company.

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