Thread: Ill. family thanks employees with surprise bonuses

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  1. #1 Ill. family thanks employees with surprise bonuses 
    Loss Prevention RobJohnson's Avatar
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    CHICAGO Even though employees at the Peer Bearing Co. no longer work for the Spungen family that recently sold the Waukegan-based ball bearings maker, they still received a turkey each this Thanksgiving in keeping with tradition.

    But even better was the gift that came in mid-September, when the Spungens threw a party to celebrate the company's acquisition by a Swedish company.

    They gave away $6.6 million in year-end bonuses to Peer's 230 employees, decided by a formula based on each worker's years of service
    http://news.yahoo.com/s/ap/20081129/...e_us/big_bonus
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  2. #2  
    Resident Grump
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    $30k average per person.

    WHOA :D
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  3. #3  
    Loss Prevention RobJohnson's Avatar
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    Quote Originally Posted by Sonnabend View Post
    $30k average per person.

    WHOA :D
    Yeah, wouldn't that be a nice surprise! What a great Christmas story!!
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