Iowa Cubs owner hands out life-changing bonus checks
Michael Gartner, owner of the Iowa Cubs minor league baseball team summoned his employees to a staff meeting at Principal Park, the team’s stadium in Des Moines just three days before Christmas. The team's sale to a global sports and entertainment company had closed that day and Gartner told the employees he wanted to hand them out new business cards. But there were no business cards in the envelopes handed out. Instead, there were checks worth $2,000 for every year each employee had worked for the team- $600,000 in total for the 23 full-time workers.
Until the sale closed on Thursday, Mr. Gartner, has been the majority owner of the club for 22 years. He said that employees who work in maintenance, accounting, marketing and other areas were handed out checks for $4,000 to $70,000. Alex Cohen, 33, who has been the team’s radio broadcaster since 2018 says, "My jaw dropped. It’s an industry where you work really hard, and sometimes you don’t get compensated like that." He described the checks as a "life-changing gesture" for some longtime staff members.
He adds, "Seeing all the people who had been there for two decades, three decades, tears streaming down their faces, it was a very special, emotional day." Meanwhile, Mr. Gratner said on Saturday that sharing the proceeds from the sale "was the right thing to do." “A lot of those people have worked for us for over 20 years, and they’ve helped us build a successful team. They're just fantastic people", he says.
Source: The New York Times
He adds, "Seeing all the people who had been there for two decades, three decades, tears streaming down their faces, it was a very special, emotional day." Meanwhile, Mr. Gratner said on Saturday that sharing the proceeds from the sale "was the right thing to do." “A lot of those people have worked for us for over 20 years, and they’ve helped us build a successful team. They're just fantastic people", he says.
Source: The New York Times
Category
Talent Acquisition
Succession Planning
Employment Testing
People Management
Wellness Benefits
Risk Management
Inclusion, Equity &
Environmental Health Hazards
Retention
Overtime Eligibility &
Employee Data Privacy
Employment Law & Compliance
Cybersecurity
Records & Reports
HR Software
Disability Benefits
Unemployment Benefits
Eligibility Verification (I-9)
Employee Surveys
Overtime Pay
Emergency Response
Workplace Stories
Onboarding
Disaster Preparation & Response
Work Life Integration
Workplance Violence
Fiduciary Duty
Executive Compensation
Data Security
Workers' Compensation
Dependent Benefits
Intellectual Property
Business Continuity
Background Checks
Artificial Intelligence
Retirement & Recognitions
Change Management
Employee Handbooks
Religion & Spirituality
Ethnicity
Raise
Substance Abuse
Teamwork
Mental Health Benefits
Hiring & Firing
Educational Assistance
Leadership Development
Employment Branding
Benefits Compliance
Business Acumen
Tags
Article
All you need to know about the teaching profession
Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...
Did You Lose Your Job During COVID-19? Here’s What to Do
First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...
With Manufacturing Jobs Returning to America, What Does It Mean for Manufacturing Job Seekers?
Reshoring is on its way for the US, due to the ongoing COVID-19 crisis, especially for the tech man ...
Why Work With Staffing Agencies To Hire Your Temporary Workers
Recruitment is getting more challenging day by day. Layers of complexities have emerged with the pa ...
Comments