Michigan Company Gives Out $4M In Christmas Bonuses

LUDINGTON, MI — It’s going to be one merry Christmas for a group of west Michigan employees who each are expected to get an average of $20,000 as a holiday bonus this year.

The company FloraCraft, based in Ludington, will be giving out $4 million in bonuses. The owner, Lee Schoenherr, announced the big news during the annual holiday party.

Each git was based on longevity of service, and shared as both a cash bonus and a special gift to the employee's 401(k) plan, WXYZ reported. Those with more than 40 years of tenure will get around $60,000 in bonuses.

“I believe strongly in giving back to the community by supporting initiatives that make Ludington a wonderful place to live, work and raise a family,” Schoenherr said in a press release from the company. “A few years ago, I began thinking that I would like to do something more targeted for our employees, who really are the heart and soul of FloraCraft.”

Employees reportedly cheered and clapped when they got the big news.

Read the full story here.

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