The real reason a Baltimore company’s $10 million holiday bonus is so special

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The average bonus check came to $50,000 per employee. (Are they hiring?)

A Baltimore commercial real estate developer floored its 198 employees with a surprise $10 million bonus at the firm’s holiday party this past weekend.

The Baltimore company, St. John Properties, was celebrating the overall production of 20 million square feet of office, retail and warehouse space, and awarded employees based on how many years they have worked at the 48-year-old company. Almost 10% of companies surveyed by Challenger, Gray & Christmas said they would give bonuses to all staff based on company performance this year, down from almost 19% in 2015.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The article says fewer companies are giving bonuses, so where did all the money from Trump's corporate tax cuts go to? The US economy and stock market are the 'biggest and best in history' according to Trump but US workers aren't benefiting from it.

Is this one of those “terrible” private companies .ewarren bitches about? sheisanidiot

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Maryland real estate company surprises employees with $10 million bonus to splitSt. John Properties, a Baltimore-based commercial real estate property management and development company, provided $10 million bonus for its 198 employees to split at its annual holiday party on Dec. 7. After taxes 30 grand each? Not too shabby Means it can be done
Source: YahooNews - 🏆 380. / 59 Read more »

A real estate company surprised employees with $10 million in bonuses at a holiday partyWhen a Maryland real estate company handed out red envelopes to employees during the annual holiday party on Saturday, no one knew what to expect. E a sua mãe Aécio? Ou a mãe da Letícia ? Ou quem sabe a senhora que estava na sala ao meu lado ? A bonus? What's that? 9 years with a company an no bonus in 9 years. Glad someone is getting just like in the Christmas movies. My boos by ass 100 for working the is Christmas Eve and Christmas Day and new yers this year he Decide to pay us one and. Half instead the$100 so we ending with $85
Source: CNN - 🏆 4. / 95 Read more »