The boss of a real estate company surprised its 198 employees with a holiday bonus: $ 10 million

81-year-old Edward St. John gave his employees holiday bonuses for a collective $ 10 million. 198 employees from 8 countries were invited to a festive event in which they received the gospel of the greatest bonus in history. The bonus amount is determined by the number of years the employee worked in the company and not by his job

The boss of a real estate company surprised its 198 employees with a holiday bonus: $ 10 million

In the video - Watch the amazing moment documentation and employee reactions

The biggest bonus in history was distributed this week to employees of a commercial real estate company in Baltimore, Maryland. The 81-year-old real estate mogul Edward St. John invited his 198 employees from eight different states to the company's Christmas event and there they announced In Goals, he decided to award them a huge bonus - $ 10 million.

The amount of bonus each employee received was determined by his number of years at the company and not by his job, with most employees leaving the event with a profit of $ 50,000. The highest bonus paid to an employee is $ 270,000, and the lowest is $ 100 - the same employee who started working there that week.

Workers at a beauty salon disappointed in sales, and had to strike themselves as punishment

This is how employees responded to a bonus they received (screenshot)

Boss distributed holiday bonuses to his employees for a crazy amount (Photo: St John Properties, official website)

Employees hugged their loved ones and burst into tears (screenshot)

Real estate company employees receive $ 10 million bonus (Photo: Screenshot)

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St John Real Estate, which is worth more than $ 3.5 billion, said in a press release that the bonus was given to employees after the company was able to meet its goals and develop 20 million square meters of offices, retail and warehouses in eight states. The company set the target in 2005 when it had a 10 million sqm area. The company's founder and chairman Edward St. John estimated that the company would take 40 years to meet its goals and not 14 as it eventually happened.

Good Morning America reported that employees learned about the fat bonus they received only at the festive company event last Saturday when they opened red envelopes containing the high bonus amounts. The bonus is, of course, just an addition to the end-of-year grant that any employee in the company will receive. The bonuses were calculated according to the working years of each employee, so Larry McRenz, president of St. John Properties, who worked for the company for 38 years, for example, received a lower bonus than a mechanic who worked there for 39 years.

President of the real estate company who gave his employees a $ 10 million bonus, Edward St. John (screenshot)

President of the real estate company who gave his employees a $ 10 million bonus, Edward St. John (Photo: screenshot)

In honor of the Christmas party, St. John Properties covered the costs of flying and lodging for all employees from eight countries so that everyone could attend the event. The moment employees opened the envelopes and were exposed to the large bonus amounts was documented in the camera and as you can see the employees reacted in amazement, hugging their associates and bursting into tears. Danielle Valencia, who has been working for the company's accounting firm for 19 years, failed to hide the tears. "What happened tonight was magical," she said. "It changes lives. It's amazing and so generous." Another worker said: "I'm very excited. I've been working here for a long time and he didn't have to do what he did. We can't thank him enough." Employees said they plan to use the money to pay debts and fund their children's schooling.

Employees found out about the fat bonus they received in party envelopes (screenshot)

Workers found out about the fat bonus they received in envelopes distributed at the party (Photo: screenshot)

Edward St. John went on to say that the company has decided to reward employees in a way that will have a significant impact on their lives. "I steer the ship, but they are the ones that propel it. They are the ones that make the ship move," said John. "Without the crew, we are nothing. We are nothing. We wanted to reward our employees big time, in a step that will make a significant impact on their lives. Thank you to each of our employees for their hard work and dedication. I couldn't think of a better way to show it. " In an interview last March, he told the local Sun: "I play a monopoly with real money and buildings. I don't work. I play a monopoly and that's why I'm still here."

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