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    Aussie bus boss gives $15 million bonus to staff

    An Australian bus operator has stunned his employees by handing out Aus$15 million (US$15.9 million) in thank you bonuses, with workers saying Wednesday they were overwhelmed by his generosity.

    Ken Grenda, 79, sold his family-run company after 66 years and decided to put a chunk of the profits into the pockets of his employees for their hard work and loyalty.

    Many of his 1,800 workers thought their banks had made an error when they discovered thousands of dollars in their accounts, the Herald Sun reported.

    They received an average $8,500 although some got bonuses as high as $100,000.

    "A business is only as good as its people, and our people are fantastic," Grenda said.

    "This is to recognise that. We have had people here who are second generation, and one fellow in the same job for 52 years."

    Vernon Franklin, a driver at the company for five years after moving to Melbourne from India, said he was blown away by the gesture.

    "I was overwhelmed with the generosity of Mr Grenda," he told Channel Nine.

    "I think we are losing a great man."

    Iain Beberidge, who has worked with the Melbourne-based company for 15 years, said the appreciation the employees felt was not all about the money.

    "Ken looked after his employees, he treated them like family," he said.

    "Every time he comes past the depot, he shakes everyone's hands, and says 'g'day'."

    The company has been bought by another transport operator, Ventura, with all staff reportedly keeping their jobs.

    How do you feel about this article?

     
    • Cheric  •  3 months ago
      a man worth working with...
      • zheng 3 months ago
        a man worth working for...
      • Dr Silly Mask 3 months ago
        Instead of asking his workers to pay him 20 mths bonus since he made such huge profits, he paid his workers. Did he claim the profit making all to himself? Our ministers should learn from him. Shame on our ministers!
      • Nanyang 3 months ago
        Mr Ken Grenda is a rare high-quality diamond, Dr Silly Mask.
    • Lois Lane  •  Singapore, Central Singapore  •  3 months ago
      Reading this news made me smile... What an admirable BOSS...
      • Nanyang 3 months ago
        Sadly, such bosses are going the way of the dinosaurs.
      • ihs 3 months ago
        Maybe our Pappies will do the same huh ?
      • Man fr Sky 3 months ago
        When all the papigs are demolish. YES!!
    • ma.teresa  •  Singapore, Central Singapore  •  3 months ago
      You are "One" in a million! I salute you.
    • Redwood  •  Singapore, Central Singapore  •  3 months ago
      This kind of news makes me happy! God bless this man!
      • Peabrain 3 months ago
        Agreed :)
      • Indinine 3000 3 months ago
        singapore bosses should learn from this man
      • Indinine 3000 3 months ago
        singaporean bosses are Taiko people ( suckers ) meaning they only know how to rip workers, employees, once our batteries are flat they will ask you to FO ! and change new staff because we are educated by the greatest GOV in the world .
    • Spencer Quek  •  Singapore, Central Singapore  •  3 months ago
      God bless him
    • Desmond  •  Singapore, Central Singapore  •  3 months ago
      A family-orientated business, not a profit-driven company, good on you Ken Grenda! :D
    • 4727  •  Thimphu, Bhutan  •  3 months ago
      Our transport every year is earning millions and is still sucking $$$$$, not giving
      • zxcv 3 months ago
        @4727
        true. sucking $$$$$$$$$$ but wasting $$$$$$$$$$$$$ in her own fantasy
      • KAMOTEnterprize 3 months ago
        Those bullsh-eats are horrible!!! Even the salary of the drivers depend on their earnings that is why they horde every opportunities for getting passengers, resulting in heavy traffic along EDSA. I hope that their salaries should be fixed and decent.
      • Rhace 3 months ago
        sucking........greedy operators...don't know how to recognise people behind his success....same on them ?
    • tay  •  Singapore, Central Singapore  •  3 months ago
      this ang moh thinks of gratitude to repay his staffs of hard work unlike many of our local SG boss.....
      • Anthony 3 months ago
        This will nvr happen to Singapore. Look at the BMWs and Merc on the road. It shows Singapore bosses rather buy big cars for themselves to evade taxes than pay bonus to employees. They think employees dun know how much they are earning? Singaporeans bosses are selfish ppl who only cares about how much they can accumulate.
      • SGer 3 months ago
        In my previous family owned company which i've worked for 2 years, not only we did not get bonus, there wasn't 13th month also. On top of that, all of us did not get any yearly increment. Boss excuses was co was not making money, but strangely she can change her car to a Lexus SUV and her husband can buy Merc. I really salute this Aussie boss. Gold bless his soul.
      • Andie 3 months ago
        Don't expect this kind of things would happen here
    • dragon_fly  •  3 months ago
      what a good man he is..if all are just like him willing to share..the world will be a better place to live..God speed to u man..God knows ur heart dearly
    • retro  •  Singapore, Central Singapore  •  3 months ago
      Now he is a POSITIVE STATEMENT for Greed. Hope this news go international. Just greedy that someone will be motivated.
    • Jjteddy  •  Singapore, Central Singapore  •  3 months ago
      at least this grenda boss has a kind of good heart gratitudes, defintely it will have lots of good benefits for staffs and workers.
    • Alvin  •  Riyadh, Saudi Arabia  •  3 months ago
      been working here in Saudi Arabia for 21 years with the same company but never felt any gratefulness from our company wev'e been working for so many years. GOD Bless this Ausie man.
    • Jacky  •  Singapore, Central Singapore  •  3 months ago
      Our local companies (like Pay And Pay Ltd, and the transport companies) should learn something from this article....
    • ma.teresa  •  Singapore, Central Singapore  •  3 months ago
      We need more Ken Grenda in this planet...2thumbs up!!!
    • Hasling  •  Melaka, Malaysia  •  3 months ago
      Ken Grenda is a very honerable man. Now the former staff get a start to something new.
    • lee  •  Singapore, Central Singapore  •  3 months ago
      The wealth of the company are the workers.
    • Rabbit  •  Singapore, Central Singapore  •  3 months ago
      So Kind Hearted BOSS !! Not every bosses are like him...They should learn from this Aussie Boss to share their profits wit their staffs..
    • Sengguan  •  Singapore, Central Singapore  •  3 months ago
      Creative Technology Chairman & CEO Sim Wong Hoo also very generous to his staffs.He gave away $500,000 to his retrenched staffs from his own pocket money.So far any Singaporean boss do that Huh?
    • Chua  •  Singapore, Central Singapore  •  3 months ago
      Left hand "We dun make PROFITS this YEAR", Right hand "New FERARRI, PORSCE, BMW 7++ series"........ Yap.......... Welcome to Singapore
    • smooch smooch  •  3 months ago
      wow!

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