Ken448
10+ year member
Get off my lawn.
CHICAGO (Nov. 29) - Even though employees at the Peer Bearing Co. no longer work for the Spungen family that recently sold the Waukegan-based ball bearings maker, they still received a turkey each this Thanksgiving in keeping with tradition.
But even better was the gift that came in mid-September, when the Spungens threw a party to celebrate the company's acquisition by a Swedish company.
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.
snip...
Link:
http://news.aol.com/article/employees-stunned-by-massive-bonuses/262635?icid=100214839x1213563966x1200934579
But even better was the gift that came in mid-September, when the Spungens threw a party to celebrate the company's acquisition by a Swedish company.
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.
snip...
Link:
http://news.aol.com/article/employees-stunned-by-massive-bonuses/262635?icid=100214839x1213563966x1200934579
