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It’s our honor to publicly announce that a $10 million bonus will be paid to all St. Johns Properties employees in celebration of achieving our goal of developing 20 million square feet of commercial real estate space! Each of our 198 employees will be paid a bonus based on years of service, with bonuses ranging from $100 to $270,000. We are thankful for every one of our employees and their hard work.
Employees at a Maryland real estate company got the surprise of their lives while attending their company holiday party over the weekend. They were all handed red envelopes containing unexpected bonuses averaging $50,000. St. John Properties wanted to thank their nearly 200 employees for helping them reach their goal of developing 20 million square feet in real estate, so the company shelled out a total of about $10 million in bonuses.
Lawrence Maykrantz, the company’s president, told CNN, “It was truly one of the most amazing things I’ve ever witnessed in my life. Everyone was all overwhelmed with emotions. They were screaming, crying, laughing, hugging.”