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Swedish employer gives millions to staff

The Local · 19 Jun 2012, 15:43

Published: 19 Jun 2012 15:43 GMT+02:00

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“It is fabulous. But you’d think that the whole work shop would be running around completely crazy and spraying Champagne. But it is really business as usual. Both feet on the ground in other words, even though of course we are happy,” said production manager Christer Lilja to news agency TT.

Lilja has worked for the company for 19 years and is one of the beneficiaries of the goodwill from the two company owners, siblings Inger and Sixten Norhed.

The company was founded in 1937 and is the two founders and owners have no heirs to their fortune. The company, which currently has about 50 employees, manufactures rivets and has a turnover of about 100 million kronor, of which 60 comes from export.

The ownership will now be transferred to a foundation which will safeguard the well-being of the staff and former employees as well as promoting research.

The beneficiaries will get between one and two million kronor, depending on how long they have worked for the firm, according to the company. The money will be paid out as a salary and pension in three instalments.

According to Lilja, the staff had guessed they were in for a windfall but that they had had no idea as to how large their remuneration would be.

“We could never have guessed it would be this much,” he told TT.

He added that the good atmosphere and fair personnel policies of the company is the reason he has stayed on for so long, and to his knowledge there have been no redundancies for as long as he has worked there.

Story continues below…

TT/The Local/rm


The Local (news@thelocal.se)

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Your comments about this article

16:31 June 19, 2012 by gpafledthis
OMG proof !! Now sweedies treat money like malmo treats STD's (if ya got it ya give it) What a state your State is in just disstateful !! by "gladiamayank"
16:33 June 19, 2012 by banannen
i work there :)
16:43 June 19, 2012 by gpafledthis
I would :) if I was you too but WOULD you :) if you lived in malmo ?? Say this rumor - that The Gee Whiz School of Journalism (O.m.G.Prop.) is now accepting supplicants ??? (RM sign up!) TRUE ??
16:43 June 19, 2012 by Svensksmith
I think it's wonderful that the owners remunerate the people who have helped them be successful. I wish more businesses would do this.

OMG, I'm sounding like a socialist!
16:45 June 19, 2012 by skogsbo
gpa, yeah, what a state it must be in, where employees get treated well?! Admit it, your jealous?
17:01 June 19, 2012 by EmployedProfessional
As I like to say:

Older swedes,they don't make them like that anymore!

I know I would keep working for such a generous company even if I could retire straight away!

I've heard this kind of story before,only in Sweden!
17:03 June 19, 2012 by gpafledthis
How goofy you sweedies are !! A Yank will provide the nonstate analysis (a)owner gives (b) you lose your mind in glee (c) Taxman strikes like a shark wrenching the state's part (d) when/if not too occupied state workers send (e) to state workers in malmo who (dole it out so malmoese can maintain lifestyle they are accustomed to !! Have you made mirrors illegal in this land of my ancestors (thanks gramps) mirror mirror who are the goofiest of ALL !! You guys are running on luck !! (just temporary that you are the least dirty shirt in the hamper) Whom the GOD'S would destroy !!
18:53 June 19, 2012 by Tarc the Mexan
gpafledthis, seek professional help.
19:38 June 19, 2012 by gpafledthis
Show yourself @tarc if you are malmoese I don't mean "expose yourself"
20:04 June 19, 2012 by Tarc the Mexan
#9: Bring it on, sissy boy.
20:11 June 19, 2012 by gpafledthis
post your profile - does not matter that much NSA knows who & where you are !! You can't hide from Uncle Sam !!
20:51 June 19, 2012 by Tarc the Mexan
#11: having trouble finding my profile, eh? Well I can't blame you, all that cheap crystal meth must've rotted your brain. Anyway, here's my profile. Enjoy!

21:22 June 19, 2012 by skogsbo
gpa - I suspect Sweden is really regretting no longer having your genetic lineage? What a loss.
21:32 June 19, 2012 by gpafledthis
Yup ! Moma built B17's Dad flew 'em so you pansy's could keep making money and "holier than thou" noises !!
22:26 June 19, 2012 by dizzymoe33
Happy employee's make for happy workers! Nice thing the company is doing.
12:46 June 20, 2012 by Old Trafford
How much will the taxman be getting?

I can imagine they will also be very happy as they will definitely be pinching from the millions
14:02 June 20, 2012 by mnphoto87
Gpafled I'm guessing you yourself are ex-military? It's so nice of all the Americans who take time out of their busy day to incessantly troll a Swedish news site with racist or sexist comments on every single article.
14:19 June 20, 2012 by Borilla
@gpafledthis - Your less than lucid comments must make your grandparents proud. That trip to the US produced an illiterate redneck.You obviously never lived in Sweden and never accomplished anything in your own life; otherwise you wouldn't be relying on your parents' accomplishments to justify your eighth grade view of the world. Get back on your medication for a while before commenting on things you know nothing about.
19:10 June 20, 2012 by Michael Whitfield
@mnphoto87 Don't know about gpafledthis being ex-military. I am ex military, but I strive to be somewhat rational with my views. He does seem to have a propensity for incoherent nonsense. You could ask, "What has he been smoking"?
20:52 June 20, 2012 by banannen
Old Trafford: only 33%

22:05 June 20, 2012 by jimfromcanada
Now THAT is how capitalists should behave!
15:48 June 21, 2012 by embil
Any jobs openings?
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