This firm gave $10 million in holiday bonus cash to 198 employees
I have but one question. Are they hiring? Sounds like a great place to work.
In Baltimore, a commercial real estate developer is distributing a total of $10 million in holiday bonuses to a total of 198 employees.
On Monday, WTOP TV news in Baltimore reported that St. John Properties was announcing the bonuses at the firm's holiday party.
Edward St. John, the founder and chairman of the company, said the amount of money that each employee gets is based on tenure. The average bonus was $50,000, but some employees will get upward of $250,000.
The company has employees throughout Maryland and northern Virginia. The bonuses celebrate the company's achievement of developing 20 million square feet of office space, retail and warehouses. That real estate is spread out over eight states.
Edward St. John said that he is "thankful for every one of our employees for their hard work and dedication. I couldn't think of a better way to show it."
PHOTO: Edward St. John, the founder and chairman of St. John Properties, IMAGE COURTESY St. John Properties