This post was originally published on 20 October 2014 and the content may be outdated.
A diamond merchant in Gujarat has given his employees cars, jewellery and homes worth Rupees 50 crores as a reward for meeting targets.
Savjibhai Dholakia, who runs a diamond export company in Surat gifted brand new Fiat Punto cars to 491 of its employees and 2-BHK flats to 207 employees apart from expensive jewellery to nearly 600 employees of the company.
More than 1,200 of his 7,500 employees worldwide benefited from his largesse. Mr Dholakia has been rewarding his employees lavishly since 2012 when he gave away cars to three employees. Last year, he gifted cars to 72 employees.
His company, Hrishikesh Exporters, is one of the most prominent diamond exporters in Surat and has offices in the US, Belgium and China.
“This company is making profits because of you. If you are happy, then we will progress further. You should enjoy my profits,” Mr Dholakia told his employees at a special function.
“These workers have been loyal to the company. They deserve it, they have put in hard work which has been reflected in their performance so they should be given the bonus,” said Mr Dholakia.