Employees at a Baltimore-based commercial real estate firm had the holiday office party that dreams are made of.
St. John Properties react to the news they will receive a shared $10 million bonus."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."I think I said a few times, 'I can’t breathe,' I felt a little nauseous and then just celebrated.
The smallest bonus was $100, given to an employee who started his job the Monday after the holiday party, according to Maykrantz.St. John Properties react to the news they will receive a shared $10 million bonus."I’ll never forget it when all of the employees at the same time opened up their envelope and saw their individual bonus amount," said Maykrantz."There was crying, screaming, hugging, laughing. They were so overcome with emotion.
Edward St. John, founder and chairman of St. John Properties, used the company's holiday party to surprise his employees with a $10 million bonus."We wanted it to be impactful and we wanted to in a big way say, 'Thank you,'" said Maykrantz."This was something to thank them for the last 48 years of our organization and the achievement we just reached."
St. John Properties employees will also still get their normal, annual holiday bonus and their profit-sharing bonus in the New Year, in addition to the one they received at the holiday party.St. John Properties react to the news they will receive a shared $10 million bonus."We’re a conservative company in that we have plenty of unrestricted reserves and we felt that regardless of how much we had in the reserves, that this was the best use for this $10 million," said Maykrantz.
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