Tears and shock: Boss surprises staff with $15m Christmas bonus

St. John Properties

Company surprises its 198 employees with $10 million bonus

Well, that was the feeling for some employees when a Maryland real estate company handed out envelopes to them during the annual end of year party on Saturday, December 7.

"I was totally blown away", said another. Only five people knew about the bonus before the celebration, the company said. "It is so generous".

"I wanted to celebrate it and make it meaningful for the people who did it", Mr St. John said, according to the Baltimore Sun.

"I couldn't think of a better way to show it", he commented, adding "Without the team, we are nothing".

One of the largest commercial real estate firms in the mid-Atlantic has announced they have chose to surprise their 198 employees with abig fat $10 million bonus check.

The employees each opened an envelope at the same time that contained the amount of their individual bonus, some of which were upward of $270,000. I do not even have words to properly describe how I felt, it was just unbelievable and incredible.

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The average bonus was $50,000, but some employees will get upward of $250,000.

"The [bonus] distribution was based exclusively on years of service".

PHOTO: 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.

A video capturing the announcement showed surprised employees, some of whom teared up and covered their faces when they saw their bonus amount. "It is life-changing. It is, it's really fantastic".

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