Thursday, 27 February, 2020

Company Gifts Nearly 200 Employees With $10 Million Worth Of Christmas Bonuses

Company surprises its 198 employees with $10 million bonus Company gives all 198 employees portion of $10 million bonus, including Denver employees
Irene Mckinney | 12 December, 2019, 00:41

Christmas came early for employees at a Baltimore-based commercial real estate developer.

John, founder of St. John's Properties in Baltimore, Maryland, and company president Lawrence Maykrantz, gave out 198 bonus checks to their employees during the festivities. Each staff member was handed a red envelope at a Christmas dinner, revealing they would net roughly Sh5 million apiece - depending on how long they'd worked there.

St. John's Properties said they reached the company's goal of developing 20 million square feet of office, warehouse and retail space in 8 states.

"I remember opening the envelope, seeing the number, blinking my eyes a couple of times because I thought my vision was off and then hugging my coworkers", said Melissa Alleman, the company's payroll and benefits administrator.

Nationals re-sign Stephen Strasburg to 7-year, $245 million deal
He was 18-6 with a 3.32 ERA this season, topping 30 starts for the second time in his career and leading the NL with 209 innings. Zack Wheeler already went for $118 million and Madison Bumgarner is set to get more than $100 million.

"I couldn't believe I saw what I saw. They are the foundation and the reason behind the success of our company and we wanted a big way to thank them", Maykrantz said.

St. John Properties react to the news they will receive a shared $10 million bonus. "I couldn't think of a better way to show it". And the chairman continued: "I may steer the boat, but they're the ones that run the boat". Without the team, we are nothing. "It's definitely life changing", she added. "We are absolutely nothing". At the time, St. John Properties had no idea how long the goal would take to reach, surmising it would take almost 40 years.

St. John also stated that he was thankful for every one of his employees and wanted to express his gratefulness to them in a special way this holiday season.

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