Contact Us

Australian Bus Company Shells Out $16 Million in Employee Bonuses


You might not have ever dreamed about being a bus driver in Australia, but this week it was a very good thing to be — staff members of the Melbourne-based bus company Grenda Corp. received bonuses of between $8,300 and $31,800 after the company was sold and the owners shared the profits with employees.


Chief executive Geoff Grenda said,

[My father Ken and my brother Scott and I] sat down and thought: ‘how can we thank the people that have got us to where we’re going to end up?’ and it was a fairly easy decision for us. We’ve had lots of loyal people over our 66-year journey and this was our way of rewarding the ones that are still with us.”

All told, the Grenda family shelled out almost $16 million to loyal workers. Better still, these weren’t severance payouts — the new owner of the company is keeping all the employees.

Patriarch Ken, who has been dubbed the ”best” and ”most generous” boss in Australia, said, “We have had people here who are second generation, and one fellow in the same job for 52 years,” adding, “A business is only as good as its people and our people are fantastic … Look after your staff and they’ll look after you.”

A bus driver identified only as Heath told the Herald Sun newspaper that some of the 1,800 staffers who got the bonuses called their banks assuming an error had been made after the cash was direct-deposited into their accounts.

“Good bosses are hard to find and Ken was a very good boss — one of a kind,” he said.


Recommended for You

Around the Web

Best of TheFW

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for TheFW quickly by connecting your Facebook account. It's just as secure and no password to remember!