Fifty years ago, Frank Fertitta Jr. opened a small bingo palace in Las Vegas. This month, his sons Frank III and Lorenzo celebrated that legacy by giving every single one of their 10,000 employees $1,000 in company stock for each year of service. The total? A staggering $70 million handed back to the people who make Station Casinos run.
Ida Johnson has been with the company since 1977. Her gift came out to $49,000 in stock, which generates about $886 in annual dividends. Paula Barrett, a 47-year veteran, called the surprise a complete honor. Seven employees have worked there for 45 years or more, and the company made sure every one of them felt appreciated.
It’s a rare story of a company putting its money where its mouth is. In a time when many workers feel overlooked, the Fertitta family showed what it means to share the success. Have you ever had a boss go out of their way for you like this? Tell us in the comments.
About the Author
Andrew Johnson
Andrew Johnson is a contributor to LocalBeat, covering local news and community stories.
