St. John Properties, a Baltimore-based commercial real estate property management and development company, provided a $10 million bonus for its 198 employees to split at its annual holiday party on Dec. 7.
Individual employee bonuses ranged from $100 to $270,000, according to the company’s LinkedIn post. On average, each employee received about $50,000. “I steer the boat, but they’re the ones that run the boat,” St. John Properties Founder and Chairman Edward St. John told the holiday party. “They’re the ones that make the boat go. Without the team we are nothing. We are absolutely nothing.”
“It took 14 years,” Maykrantz said. “In celebration of that major achievement, we wanted to find a way to thank and reward of all our employees.”“I heard screaming, crying, laughing, hugging, and then within 10 to 15 minutes, everyone came forward to the front podium where Ed St. John and I were standing and started forming lines to shake our hands, to kiss us, to hug us, to thank us,” Maykrantz said.
Means it can be done
After taxes 30 grand each? Not too shabby
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