Surprised Employees Get US$4M Xmas Bonus

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Surprised Employees Get US$4M Xmas Bonus

Postby oneh2obabe » Dec 22nd, 2018, 6:20 am

The employees of one family-owned Michigan company are going to have a very merry Christmas this year: Michigan-based FloraCraft is gifting nearly $4 million in holiday bonuses to its 200 employees just in time for the holidays.

Each gift will be based on longevity of service, the company says, and will be shared to full-time team members as a cash bonus and a gift to the employee's 401(k) account. While the amounts of the gifts will vary, the average bonus will be about $20,000 per worker, the Detroit Free Press reports, with the first installment made by the end of 2019. A second cash bonus and special bonus to 401(k) accounts will be gifted by the end of March 2020. For employees who have worked at the company for over 40 years, gifts will top $60,000.

https://www.msn.com/en-ca/money/topstor ... spartandhp
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Re: Surprised Employees Get US$4M Xmas Bonus

Postby dirtybiker » Dec 22nd, 2018, 12:40 pm

Nice, knows the value of the employee base..How to retain
and insure the Companies future as the place to be employed.

Business leaders and Company owners should take note...and action...

Hey Boss....hint,hint,nudge,nudge... [icon_lol2.gif]
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