Australian bus boss gives staff $16m sale share when he retires

[rhx123]

[QUOTE]
Australian Ken Grenda may have sold his bus company, but his staff of almost 2,000 are smiling.
Mr Grenda gave cash bonuses totalling A$15m ($16m, £10m) from proceeds of the sale to employees of his 66-year-old Melbourne-based company.
The bonuses, averaging A$8,500, were based on the length of service. Some workers received A$30,000 to A$100,000 each, Australian media reported.
The company was sold to Ventura, another transport company, for A$400m.
[/QUOTE]
Sources: [URL]http://www.bbc.co.uk/news/world-asia-16832869[/URL]
[URL]http://www.dailymail.co.uk/news/article-2094771/Could-worlds-generous-boss-Staff-paid-15m-bonuses-thank-sells-bus-business.html[/URL]

When there's all this bankers bonus crap going on, nice to see that someone that knows he got where he was through not only himself but his employees.

[SaintBonkers]

If i ever get into his situation, thats what im gonna do!

[Jetblack357]

That's a pretty cool boss.

[Mr._N]

Like a boss.