Real Estate Company's Huge Holiday Party Surprise Leaves Employees in Tears
Ed St. John, founder of St. John’s Properties in Baltimore, Maryland, and company president Lawrence Maykrantz, gave out 198 bonus checks to their employees during the end-of-year festivities
Employees of a large commercial real estate firm received a life-changing surprise when they were gifted $10 million in bonuses at their company holiday party.
Ed St. John, founder of St. John’s Properties in Baltimore, Maryland, and company president Lawrence Maykrantz, gave out 198 bonus checks to their employees during the end-of-year festivities.
“It's crazy! It is life changing,” one employee said.
“I’m shocked. I’m very thankful,” another said.
The amount each employee received was based on how long they had worked for the company, with the average employee taking home $50,000.
The largest bonus, amounting to $270,000, went to an employee of more than 44 years.
“What happened tonight was magical,” an employee said. “It’s really amazing.”
Maykrantz said employees told him they plan to use the money to pay off mortgages, buy cars, pay off debts and pay for their children’s educations.
This bonus will be paid out in addition to the company's annual year-end bonus, as well as other benefits, which include 401(k) retirement plan matches, profit sharing and paid vacation time.
Trending on Inside Edition
Near-Death Experiences Prove to Be Transformative for These Women Who Say They Saw the Other SideNews
Florida State Lawmaker Says Rep. Matt Gaetz, Joel Greenberg Left Her 'Uncomfortable' Voicemail in 2019Politics
2 Teenagers Arrested After Accidental Shooting of High School Senior During Target Practice, Police sayCrime
Mother From UK Gives Birth to 'Super Twins' After Getting Pregnant TwiceOffbeat
Piney Point Reservoir: State of Emergency Declared as Leak in Florida Wastewater Pond Threatens Total CollapseNews