What are you getting for Christmas from your employer? The owner of FloraCraft in Ludington is giving his 200 employees bonuses totaling $4-million. Each employee will get a share based on their years of service. 80% will go into their retirement accounts and the rest will be paid out in cash. Lee Schoenherr is the owner of the company and says the average gift is around $20,000.
“I think everybody is happy and it’s a merry, merry Christmas for everyone, I hope. At least it was for me,” Schoenherr says about the bonus pay.
Their most senior employees could get as much as $60,000, and the bonus will be based on seniority. FloraCraft makes foam products for the floral and craft industries and has never had any layoffs since it was founded in 1946.
