|
Stewart Myrent
Saw this article at Yahoo News yesterday & then heard this story this AM on the Drive radio. "St. John Properties, a Baltimore-based commercial real estate property management and development company, provided a $10 million bonus for its 198 employees to split at its annual holiday party on Dec. 7." 'The [bonus] distribution was based solely on years of service. It had nothing to do with a person's position in the company,' Larry Maykrantz, president of St. John Properties, told 'Yahoo Finance' in a phone interview." "Individual employee bonuses ranged from $100 to $270,000...on average, each employee received about $50,000." "One employee who has been with the company with 44 years received a $270,000 bonus, while a new employee who started earlier this week received a $100 bonus." 'What occurred that night exceeded my expectations tenfold', Maykrantz said. 'It was one of the most incredible experiences I've had in my 40 years of business experience. It literally brought tears to my eyes to hear of all the great potential impact of what we did had on all 198 people.'" By the way, the cause of the bonus was a company goal, set in 2005, to try to double the size of their portfolio from 10 million sq. ft. to 20 million sq. ft. They anticipated it could take 40 yrs.! to accomplish, but they did it in 14 yrs. Oh, Carol, I have seen the spelling of Hannukah & Chanukah (and I'm pretty sure I've seen Hanukah & Channukah & I've probably seen it spelled w/o the final "h"), so I'm of the impression that it is a hard word to misspell. The hard part in pronouncing "Chanukah" or "Channukah", is the guttural "ch" sound, that gives "Chanukah" its authenticity. It's not a hard "ch", as in "cheap", or a soft "ch", as in "charlatan". So, I guess what I'm saying is, I don't care how you spell it, but it might be hilarious to hear you pronounce it. One more thing, Paul, the standard poodle in the photo - is that Maxwell or Marcie? Just wondering.
|