Iowa Cubs owner hands out life-changing bonus checks

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 
Tags In
Andhra Pradesh

You might also like

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

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

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

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

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

Articles

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more

With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...Read more

The employees are the most valuable assets of any organization. It’s their credibility, efficiency, ...Read more

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