CEO Hands Out $27 Million in Bonuses to Employees After Company Buyout

CEO Hands Out $27 Million in Bonuses to Employees After Company Buyout
Max Chang
July 29, 2015
In an ideal world, all company executives would share their success with the many workers that made that success possible.
Aydin is the CEO and co-founder of the Turkish food delivery company, Yemeksepeti, which recently sold for $589 million to Berlin takeout service company Delivery Hero. Aydin decided to split $27 million among 114 employees, all of whom he believes had a hand in making the company the success it is today.
Employee bonuses will average around $237,000. Aydin calculated how much each employee should receive based on performance and how long they worked for Yemeksepeti, with two years being the minimum required to receive a bonus.
Seeing as how Aydin’s employees earn about $1,000 to $2,000 a month, the bonuses for some will mean a great a deal. “Yemeksepeti’s success story did not happen overnight and many people participated in this journey with their hard work and talent,” Aydin told CNNMoney.
Aydin and three co-founders launched Yemeksepeti 15 years ago. They now manage 370 employees and deliver over 3 million meals a month in Turkey, the United Arab Emirates, Saudi Arabia, Oman, Qatar and Jordan.
As he will still serve as Yemeksepeti’s CEO after the buyout, he remains adamant that the future success of his company should be shared by his team.
“I believe in team work and I believe success is much more enjoyable and glorious when shared with the rest of the team.”
Source: CNNMoney Image via Vimeo
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