BALTIMORE (Gray News) - Employees at a Maryland commercial real estate firm were in for one of the biggest surprises of their lives when they learned what bonus they received after the company met certain goals.
Baltimore-based St. John Properties is providing a combined $10 million bonus for its 198 employees, and the company founder and chairman Edward St. John made the announcement to the employees at a holiday celebration.
The employees all had an envelope showing what their bonuses were. Some were brought to tears when they found out what their bonus was. Employees were given a bonus based on years of service, and the average employee received $50,000.
“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,” St. John said. “I am thankful for every one of our employees, for their hard work and dedication. I couldn’t think of a better way to show it.”
The company said only five of the 198 employees knew about the bonuses before the big reveal.