Next time your boss gives you a ‘well done’ on the Zoom meeting, it might feel a little flat after this man’s extraordinary random act of kindness.
Having made a whopping £1.3million ($1.6m) on the stock market, Larry Connor decided to gift it ALL to his employees.
The businessman says “doing the right thing” is at the core of how his company operates, which is what led to the giveaway.
Chatting about his generosity, Larry explained: “These are challenging times, but the way our people have responded has been nothing short of heroic.
“Our number one core value is ‘do the right thing’. So, when I think about how I made the money compared to what our associates do every day, it was the right thing to do.”
Larry, owner and founder of Ohio-based real estate investment firm The Connor Group, dropped the bonuses bombshell via a video announcement to staff.
In order to make sure the right people received the pay-outs it was calculated on a tiered-system, whereby associates who made more than £122,000 ($150k) were not eligible and the average salary of those who did benefit are on £34,000 ($42k) salaries.
Larry added: “We believe in leading from the front. And in trying times, that means more than just talking about the problem. It means taking action.”
The company, which employs 400 associates, will now pay bonuses ranging from £1.6k ($2k) to £7.3k ($9k) to all “non-highly compensated associates”.
Meanwhile, senior maintenance technician Memo Alba – who is using his £4.9k ($6k) bonus to remodel his house and buy a holiday to Florida – revealed his gratitude.
He said: “Family comes first. I love that about this company. That’s what keeps me here.
“They’ve always made me feel that they care not only about me, but about my family’s health and wellbeing. They’re always there to help.”
Wonder if they’ve got any vacancies going…