Business owner gives employees an average of $20K in Christmas bonuses

Nation/World
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

LUDINGTON, Mich. – A family-owned Michigan company gave employees a really nice Christmas bonus.

The owner and Chairman of FloraCraft announced at the company Christmas party on Friday that he’ll be sharing nearly $4 million with full-time employees. Each gift will be based on how long the employee has been with the company and will come as both a cash bonus and a gift to the employee’s 401k account, according to WXMI.

The top gifts, for employees with over 40 years of experience, will get more than $60,000, according to the company.

FloraCraft has about 200 employees and is the world’s leading manufacturer of foam products for crafts and the floral industries. They produce goods sold to Walmart, Amazon, Michaels, Hobby Lobby and more.

Schoenherr says in a press release that this does not mean he’s exiting or selling the business.

“I love what I do and am committed to maintaining the independence of FloraCraft.”

LATEST VIDEO

Take a “pie in the face” and help local non-profit Camp for All

Thumbnail for the video titled "Take a “pie in the face” and help local non-profit Camp for All"

Dose of Texas - Cotton Swab Shortage

Thumbnail for the video titled "Dose of Texas - Cotton Swab Shortage"

Fitness Friday - Lindsey Day

Thumbnail for the video titled "Fitness Friday - Lindsey Day"

Seven Oaks SWAT Scene

Thumbnail for the video titled "Seven Oaks SWAT Scene"

Fatal Home Invasion - Official Sound

Thumbnail for the video titled "Fatal Home Invasion - Official Sound"

Officer Involved Shooting in Houston

Thumbnail for the video titled "Officer Involved Shooting in Houston"
More Video

Days

Hours

Minutes

Seconds

Latest Weather Forecast

More Weather

Don't Miss

Latest

More Morning Dose

Popular