Shoe Company Gives Big Bonuses PITTSFIELD, Maine - Workers at a shoe plant were feeling more than a little tickled when they got their Christmas bonuses that, for some, totaled nearly $20,000. Instead of receiving typical end-of-year frozen turkeys, the 200 employees of the SAS Shoemakers plant here were handed envelopes when they were called together Friday afternoon. When Lawrence Wyman opened his, he found a check for $19,000. His wife, Charlene, got a check for the same amount. The company this year awarded its employees with bonuses of $1,000 for every year worked at the company. Even those who had worked less than a year got $500 each. The bonuses were particularly uplifting given that most news in the manufacturing sector this year has been about plants closing and employees being laid off. "They called us all together and said we would each get $1,000," Lawrence Wyman said. "Everyone started clapping and then they said it would be $1,000 for each year worked." And that's when the tears flowed. Some estimated that the bonuses totaled $200,000 or more. SAS Pittsfield is a division of SAS Shoemakers in San Antonio. The corporate offices were closed Friday afternoon and company officials could not be reached for comment.
Wow that's awesome. The world would be such a better place if huge corporations would share a little of their cash with the heart and soul of their operations. Is the CEO really going to suffer if he makes 'only' 4 Mil instead of 5 mil in a year?
That's very cool. Kudos to the CEO, if they have one. In related news, Ken Lay is still not in prison.
I remember one of my first jobs in IT. I got 20% raises twice in one year. I thought I was the bomb until I found out how much they were underpaying me... it was disgusting.
Did the employees have to strip the CEO down to his underwear and tie him up in a bow to get that bonus? "That's pretty low, Mister...If I had a rubber hose..."
Taxed at the highest possible rate? So, of that $19,000 they can keep something like $11,000? I'd rather they gave me a $5,000 raise than a $19,000 bonus.
probably my favorite thing to do at work is to bring our employees in my office for their year-end review...and give them their Christmas bonus! so much fun....
That's what the CEO of my company said at our annual Christmas party. I love people who would rather give something than get.