Generous boss gives staff a $15 million bonus

[ejbr]

Bus operator Ken Grenda says the gross disparity between chief executive and employee salaries was one of the reasons he decided to divvy up $15 million of his company to his staff.

The 79-year-old boss handed out an average of $8500 to each of his 1800 employees using the proceeds of the sale of the family owned business.

Workers thought their banks had made an error when they discovered thousands of dollars in their accounts.‘‘I get totally dismayed when you see some of the salaries the CEOs get paid,’’ he told radio station 3AW this morning. ‘‘It is far beyond what somebody is worth.’’


Read more: http://www.smh.com.au/business/generous-boss-gives-staff-a-15-million-bonus-20120201-1qry7.html#ixzz1l8MX3d7f


A result of Occupy?

[BumRushDaShow]

1. "A result of Occupy?"

IMHO, a result of his generation's upbringing.

[ejbr]

4. Of course...

that's why we have heard so many similar stories prior to now.

[hobbit709]

2. I'd say that he was a decent human being all along

[JNelson6563]

3. Someone took action after being disgusted by those headlines!

What a guy! Bravo Mr. Grenda, bravo!

I hope others follow his example.

Julie

[rfranklin]

5. This is Australia...think of how many cases of Toohey's that money represents!

Australian beer, yum!

[Patrick_Bateman]

6. Now here is a man

who can sleep at night. Bravo!

[HopeHoops]

7. Good for him!!!