Wow, this is one company that knows how to treat their employees. An Illinois company that was recently acquired by a Sweden group decided to (the old employer) treat the staff with a nice Thanksgiving gift. Each member was given their own turkey for Thanksgiving, which is a great gesture, but they weren’t expecting the following:
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.
“My grandfather was always charitable,” said Danny Spungen, grandson of Peer founder Nathan Spungen. He said Laurence and Florence Spungen and their four children decided on a bonus formula a year before the acquisition closed.
Wow right? What a great family this was.