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This Company Has Given All Employees $10,000, First-Class Plane Tickets

This Company Has Given All Employees $10,000, First-Class Plane Tickets

NDTV
Thursday, October 28, 2021 7:49 AM GMT

"So with everybody's two first-class tickets to anywhere in the world, you are each getting $10,000," the Spanx CEO said in her speech

The chief executive and founder of shapewear company Spanx recently surprised all her employees with two first-class plane tickets to anywhere in the world and $10,000 to spend on the trip. Sara Blakely, 50, announced the one-time bonus to celebrate her company's $1.2 billion deal with Blackstone. That's how you give back to your employees and show appreciation. Facebook, Amazon, Tesla, Apple etc; hope you're taking notes. This is an amazing story and tweet. Employers like this truly understand that their company wouldn't be anything without their employees. I know some bosses out there that would've been like here's a pizza party ???? So awesome. After 30 years working for a company, I rcvd a $650 gift card. While I appreciated the gift auto sent by HR, not one person realized or said anything to me. I can't imagine how grateful these employees were. What a wonderful way to say thanks! No, the BEST part would have been if she'd allowed her (mostly female) employees to make their own *millions* by receiving stock in the company as its valuation soared.Instead, she chose to retain 100% ownership - and this is their consolation prize. https://t.co/xyQvZZF9ul Oh my god… the criticism and complaining in these comments is unbelievable. BE HAPPY for these people. It's incredibly generous.

According to NPR, Ms Blakely once made a living by selling fax machines door-to-door. But that was two decades ago. In the time since, she has launched a pioneering shapewear company and been named the world's youngest self-made female billionaire (by Forbes in 2012). Now, global investment firm Blackstone is buying a majority stake in her company Spanx - and Sara Blakely celebrated the news by surprising her employees with two first-class plane tickets to anywhere in the world, a video shared on her Instagram revealed.

"Why am I spinning a globe?" she asked her assembled employees in the middle of her speech. 

Then, to roomful of stunned employees, she announced: "I'm spinning a globe because to celebrate this moment, I have bought each one of your two first-class tickets to anywhere in the world."

Read full story on NDTV
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