Texas Billionaire Tucks 100,000 Dollar Bonus In Employees’ Stockings

Christmas bonuses can run the gamut from a coupon for thirty percent off merchandise to a big beautiful ham or turkey, though many companies now do not value their employees enough to give any kind of end of year bonus. Some companies still give money, but it is nearly unheard of for anyone that doesn’t live in a gilded mansion to get a bonus that could change their life like the $100,000 dollars that Jeffery Hildebrand, owner of Hilcorp Energy, is offering to his employees.

These end-of-year bonuses, which are expected to cost over $100 MILLION dollars, are going to all 1,400 of the company’s employees from receptionists on up the ladder. The bonuses are reportedly based on how much of the last five years each employee has spent working for Hilcorp, not the person’s base salary or previous experience.

Last year’s bonuses at Hilcorp were not this impressive, but they were impressive none the less. Hildebrand’s employees were offered $35,000 in cash or $50,000 towards a new car. Last year the company had made it’s goal of doubling its oil and gas production, which spurred the bonuses.

Receptionist Amanda Thompson told Fox 4 News in Houston:

It’s just a true gift, and I think myself, along with everyone, is not going to give less than 100 percent each day.

Building up that kind of employee loyalty is priceless, but it appears that Hildebrand’s generosity isn’t just about fostering an environment in which every one of his employees feels like their work pays off, that they are valuable to the company. According to Forbes, Hildebrand has donated over 11 million dollars to charity since 2007.

In a country where people expect less and less from thier employers, and that is just in hourly wages and benefits, this kind of generosity is newsworthy. For Hildebrands employees, this has to feel more like winning the lottery than getting a Holiday Bonus. For many employees this bonus is more than one year’s income, and honestly, that is an amazing bonus.


Terms of Service

Leave a Reply