Real estate company shares $10M bonus with employees
The bonus announcement was easily the highlight of the company's Dec. 7 holiday party
Christmas came a couple of weeks early for employees of a Maryland real estate company.
St. John Properties shared $10 million in bonus money with all 198 employees, according to USA Today.
That breaks down to $50,000 per employee, but the bonus will vary based on years of service.
The move was a way of celebrating the company hitting a goal of developing 20 million square feet of office, retail and other commercial real estate space in eight states.
The bonus announcement was easily the highlight of the company's Dec. 7 holiday party.
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The company said the bonus is in addition to the company's annual year-end bonus.
Ed St. John, CEO and Founder of St. John Properties, will appear on "Cavuto: Coast to Coast" on FOX Business Network Wednesday at 12:50 p.m. ET.