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Five-figure bonuses stun Chicago plant workers

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CaptainObvious Donating Member (42 posts) Send PM | Profile | Ignore Mon Dec-01-08 06:12 PM
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Five-figure bonuses stun Chicago plant workers
http://www.msnbc.msn.com/id/27958458/?GT1=43001

Dave Tiderman wondered if the decimal point was in the wrong place when he opened his $35,000 company bonus. Jose Rojas saw his $10,000 check and thought, "That can't be right."

Valentin Dima watched co-workers breaking down in tears over their bonus checks and didn't trust his emotions. He drove home first, then opened his envelope: $33,000.

Year-end bonuses are rare these days. Rarer still is what the Spungen family, owners of a ball bearings company in Waukegan, Ill., about 40 miles north of Chicago, did as they sold the business.

They gave out whopping thank-you bonuses.

A total of $6.6 million is being shared by just 230 employees of Waukegan-based Peer Bearing Co., with facilities in England and the United States. Amounts varied and were based on years of service.
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ikojo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 06:14 PM
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1. Bless the owners who recognize WHY they had a
profitable business.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 06:17 PM
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2. recommend -- the Blessings of God almighty be with this family forever.
that is a wonderful thing to do for your workers.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 06:49 PM
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3. This should make some CEOs sit up and take notice.
Just imagine getting one of those checks, especially at this time of year.

What a super thing to do.
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