US Shapewear company Spanx’s new valuation gave double joy for the employees because they were promised to be presented with two first class air tickets as well as US$10,000 (RM41,480) each by their founder and chief executive Sara Blakely.
Blakely made the announcement at a party recently to celebrate the company’s new US$1.2 billion (RM4.98 billion) valuation after investment company Blackstone purchased a majority stake in Spanx.
Blakely started Spanx in 2000 with just US$5,000 (RM20,740) in savings and at that time, she pledged that her company would one day be worth US$20 million (RM82.96 million).
At the party, Blakey revealed the air ticket and monetary gifts to her employees by spinning a globe.
“If you go on a trip, you might want to go out to a really nice dinner, you might want to go out to a really nice hotel, and so... you are each getting US$10,000,” she said.
On Instagram, Blakey wrote that it was an emotional announcement filled with happy tears acknowledging how far the company has come.
She also urged more support for female-led business.
Wow! The world would be a better place with more bosses like this and businesses that compensates staff well.
MAIN IMAGE: Sara Blakey Facebook
Blakely made the announcement at a party recently to celebrate the company’s new US$1.2 billion (RM4.98 billion) valuation after investment company Blackstone purchased a majority stake in Spanx.
Blakely started Spanx in 2000 with just US$5,000 (RM20,740) in savings and at that time, she pledged that her company would one day be worth US$20 million (RM82.96 million).
Boss of the year
At the party, Blakey revealed the air ticket and monetary gifts to her employees by spinning a globe.
“If you go on a trip, you might want to go out to a really nice dinner, you might want to go out to a really nice hotel, and so... you are each getting US$10,000,” she said.
On Instagram, Blakey wrote that it was an emotional announcement filled with happy tears acknowledging how far the company has come.
She also urged more support for female-led business.
Wow! The world would be a better place with more bosses like this and businesses that compensates staff well.
MAIN IMAGE: Sara Blakey Facebook
