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Left Coast2020

(2,397 posts) Thu Apr 18, 2013, 11:37 PM Apr 2013

5

CEO Gives His Bonus To His Employee's

http://news.yahoo.com/ceo-gives-away-bonus-employees-190625623.html

The only tragic aspect of this is its not an American CEO.
####
Good Lord!" says the headline in a British newspaper, praising Lord Wolfson, business leader and peer of the realm, for having been uncommonly generous.

Wolfson, CEO of Next, the U.K.'s biggest department store chain, gave his entire annual bonus--$3.6 million—to his employees.

How uncommon was his gesture?

ABC News could find but one example of a CEO of a public company who has done the same in recent years.

5 replies

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CEO Gives His Bonus To His Employee's (Original Post) Left Coast2020 Apr 2013 OP

You made me look. Maybe a Warren Buffet would do something similar still_one Apr 2013 #1

To his employee's what? TransitJohn Apr 2013 #2

I know it's going back a few years, but wasn't there one who gave... TheMadMonk Apr 2013 #3

Feeling the 'heat' growing... Amonester Apr 2013 #4

He comes from a family with a history of philanthropy muriel_volestrangler Apr 2013 #5

still_one

(92,116 posts)

1. You made me look. Maybe a Warren Buffet would do something similar

Reply to Left Coast2020 (Original post)

Thu Apr 18, 2013, 11:53 PM

Apr 2013

TransitJohn

(6,932 posts)

2. To his employee's what?

Reply to Left Coast2020 (Original post)

Thu Apr 18, 2013, 11:59 PM

Apr 2013

eom

TheMadMonk

(6,187 posts)

3. I know it's going back a few years, but wasn't there one who gave...

Reply to Left Coast2020 (Original post)

Fri Apr 19, 2013, 01:27 AM

Apr 2013

...the entire company, debt free, to the workers? Mining? Earth moving? Trucking?

Amonester

(11,541 posts)

4. Feeling the 'heat' growing...

Reply to Left Coast2020 (Original post)

Fri Apr 19, 2013, 02:11 AM

Apr 2013

Maybe.

Maybe he had History lessons in his Curriculum...

muriel_volestrangler

(101,295 posts)

5. He comes from a family with a history of philanthropy

Reply to Left Coast2020 (Original post)

Fri Apr 19, 2013, 04:50 AM

Apr 2013

http://en.wikipedia.org/wiki/Isaac_Wolfson
http://en.wikipedia.org/wiki/Leonard_Wolfson,_Baron_Wolfson
http://en.wikipedia.org/wiki/David_Wolfson,_Baron_Wolfson_of_Sunningdale
http://en.wikipedia.org/wiki/Simon_Wolfson

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