Peter Nygard Gave Employees $10,000 Bonuses

‘Thanks A Million!’ That’s how much fashion mogul Peter Nygard spent, (actually, 1.1 million dollars to be exact) to give each NYGARD company associate, who had been with the company twenty years or more, ten thousand dollars. It was about 110 employees. That was during celebrations for Peter Nygard’s thirty-five years in business. 

There wasn’t a dry eye anywhere in the room after Peter Nygard announced that all NYGARD employees who had been with the company for twenty years or more would find extra money on their bank accounts that payday. 

Peter Nygard has, as they say, ‘never forgotten where he came from’. He has a reputation for treating everyone equally, treating those in typically thankless jobs extra special, and being generous to boot. 

Peter Nygard was happy to say, “Thanks a million!” No wonder he is such a success.

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