Company owner approves GHC300,000 for his 200 employees as Christmas bonus

Company owner approves GHC300,000 for his 200 employees as Christmas bonus

- Chairman of St John Properties in Maryland has given out ¢60 million to be shared among his 200 employees as Christmas bonus

- The workers expressed shock and excitement upon hearing the news

- The chairman of the company has been known for charitable and generous works over the years

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The chairman of a property company named St John Properties in Maryland has rewarded his workers in a grand style ahead of 2019's Christmas.

Thesun.co.uk reports that ¢60 million (£8 million) was approved for his 200 employees as Christmas. Every worker gets roughly £38,000, taking into account how long they have worked in the company.

It was reported that the day was a normal one at work with no hints at all that there was going to be any giveaways.

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All of a sudden, the news was just broken and each member of staff was given a red envelope at a Christmas dinner, revealing they would receive roughly £38,000 each.

Converting the amount into cedis sends the figure to ¢300,000 for each of his 200 employees.

The management of the company indicated that they wanted to make a 'significant' impact in the lives of those responsible for the firm's success over the years.

Chairman Edward St John, who founded the company, spoke joyously about the amazing bonus.

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“To celebrate the achievement of our goal, we wanted to reward our employees in a big way that would make a significant impact on their lives," he said.

He continued saying, “I am thankful for every one of our employees, for their hard work and dedication. I couldn’t think of a better way to show it.”

The chairman of the company has been known for being generous and charitable through the ages. He set up The Edward St John Foundation which has kept providing financial aid to several programmes that improve upon education.

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He set up his property company in 1971 which has now accrued a value above $3.5billion.

The reactions of the employees as news of the huge amounts were announced to them was vibrant and amazing.

A number of people have given huge amounts out lately.

YEN.com.gh earlier reported that the former first lady of the United States, Michelle Obama, has said she will give the proceeds from her book, Becoming, to the education of the female child.

According to a post on her Instagram page, the proceeds is over $500,000, a sum she said will be donated through her set-up Girls Opportunity Alliance, an initiative that she launched in October 2018.

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Source: Yen Newspaper

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