When bosses take an interest in the lives of employees who work for them, employee productivity increases manifold. Plus, they feel a sense of belonging towards the organization. The benefits of these are too many to list. Besides, a boss who motivates employees in appropriate ways, and makes them feel valued, is often the biggest asset to the company.
Employees at Spanx, an Atlanta-based intimate apparel company, feel the same. Owned by Sara Blakely, Spanx has been valued at $1.2 billion now, after an investment firm bought a stake in it. She threw a grand celebratory party on achieving this feat, in which she declared huge celebratory presents for her employees. Sara has decided to gift each of her employees, which are at a headcount of more than 500, $10,000 and two first-class tickets to any place they want to travel around the globe.
“It was an emotional announcement filled with happy tears acknowledging how far we’ve come. And then the tears really started to flow when I surprised everybody with 2 first class @delta plane tickets to anywhere in the world and $10,000 cash to spend on the trip,” Sara wrote in her Instagram post that also features the announcement video.
View this post on Instagram
“I really want every employee to celebrate this moment in their own way and create a memory that will last them a lifetime! Cheers to 21 years of magic and many more to come,” She added. The video has garnered more than 6.6 lakh views on Instagram.
Sara had started Spanx with just $5000 in her pocket. On achieving her first milestone, which was to be valued at $20 million, she has done what very few bosses would ever do for their employees. This has earned her the title of “Best Boss In The World”.
