HelpWanted.com

Spanx founder rewards employees with first class tickets and $10,000

Spanx founder rewards employees with first class tickets and $10,000
To express her gratitude to her employees, Spanx founder Sara Blakely gave each of her 500 workers first-class plane tickets and  $10,000 in spending money. Blakely revealed her rewards at a party last week where she also announced Blackstone was buying a majority stake in the Atlanta-based maker of slimming briefs, bras, pantyhose and other undergarments. This transaction values the company at $1.2 million and has Blakely keeping a sizable interest and continuing to run the company with the current management team. Once the deal closes, she will also be the chairwoman of the company. 

To celebrate selling the majority stake, Blakely said that her employees were all getting two first-class plane tickets to any destination around the world along with $10,000 to cover all the costs of accommodation. When Blakely started Spanx in 2000, her goal was to one day be worth $20 million. She has ever since built a company that "delivers amazing products to women to use their very feminine principles in a very masculine space, which is business," Blakely said. 

Source: CBS News 
Tags In
Education Board Exams

Previous days news

Oct 26 Oct 25 Oct 22 Oct 21 Oct 20

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Garment Workers Japanese Lang Employment Gender Gap Jobs For Senior Citizens Indian Industry BCCI Recruitment Unethical Employment Job Skills Jobs In Jammu Hiring Exams Job In Maharashtra ICICI Bank Robots Economic Slowdown Side Hustle Language Barrier Steve Jobs Skill Gap In India NRRB Army Hiring Jobs At Flipkart Soft Skills Workforce Rajouri Jobs Mental Health Education System Banglore Tour Of Duty RBI Hiring CMDA Workers Strike Coding Job Interview Job Fair For Differently-abled Language Jobs Strike Communication Odisha Job Scam Mumbai Kerela Skill India Tail Nadu Job Vacancy Lateral Hires Delhi Jobs Jobs For Freshers No Job Consumer Economy Intel Hiring Science
Articles

Don’t Fall Prey to These Job Scams

When people are looking frantically for employment, scammers get a chance to exploit their weakness ...Read more

Tips for Staffing Agencies to Create a Competitive Advantage

Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...Read more

These Companies Are On Holiday Hiring Spree-Are You Ready?

The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...Read more

How to Cope with America’s Return-To-Office Plans

If you’re looking forward to shifting from remote to in-office work, here are a few ways to cope wi ...Read more