Everyone who read a recent news about a Chinese billionaire rewarding half of his employees, or about 6,400, with a holiday trip to France, must have felt amazed by the generosity of Li Jinyuan, owner of the Tiens Group Company.
That, however, is not something new to employees of Philippine-based real estate developer 8990 Holdings Inc., which has been sending all its 300 employees abroad for their annual holiday trip.
From the president all the way down to the security guards, drivers and janitors, employees of 8990 Holdings from Luzon, Visayas and Mindanao are included in the once-a-year all-expense- paid holiday trip.
8990 Holdings president Jesus Januario Atencio said the company had been giving the incentive to all employees for the past several years, as they helped the company achieve its aggressive sales targets.
The only time that they did not go out of the country was in 2014, when 8990 Holdings went public. While the busy schedules did not permit the company to hold its annual holiday trip, the incentive was converted into cash instead.
Over the past four years, some 300 employees of 8990 Holdings’ employees had travelled to Hong Kong, China and Singapore. This year, they enjoyed a three-day trip to Malaysia.
Atencio said 8990 Holdings employees were already planning for next year’s trip, but this would depend on the company hitting the P10-billion sales target for 2015. Atencio said the company and its employees would try very hard to achieve the target.
On where they will travel next year, 8990 Holdings employees may start greeting each other “konnichiwa”.