Employees burst into tears after boss announces they'll be gifted £8 million worth of bonuses

Employees were seen bursting into tears after they were gifted $10 million (£8 million) worth of bonuses at an annual Christmas party.

While most offices throw festive parties or treat their staff throughout the year, it's pretty unheard of to be dishing out thousands of dollars in bonuses.

But one company in the US - St. John's Properties - left its employees shocked after management revealed they'd all walk away with a massive payout as a thank you for all of their hard work.

Ahead of the party, the employees were told they'd all be receiving a surprise, but nobody ever imagined just how shocking the news would be.

The 198 employees were asked whether they were excited about the 'big surprise', but many assumed it would be something for the office, such as a water cooler.

But after being handed a red envelope, each member of staff was told to open it.

Naturally, when they saw the big dollar amount they'd get they lost the plot.

Each pay packet was different and dependent on how long they'd been at the company, however, the average reward was around $50,000 (£40,145). Everyone, from maintenance staff and receptionists to brokers and executives, got a red envelope.

The employees were shocked when they received the news (St. John's Properties)

Photos from the night show people left in absolute shock from the big reveal, with some people explaining how a bonus like this would be 'life-changing'.

Many could be seen in tears, with one woman explaining: "What happened tonight was magical."

While another added: "Very excited, I've worked here a long time. He didn't have to do what he did."

Chairman and founder Edward St John explained the reward was for helping the company reach its targets.

"To celebrate the achievement of our goal, we wanted to reward our employees in a big way that would make a significant impact on their lives.

"I am thankful for every one of our employees, for their hard work and dedication. I couldn't think of a better way to show it.

The average reward was $50,000 (£40,145) (St. John's Properties)

"I may steer the boat, but they're the ones that run the boat. They are the ones that make the boat go. Without the team, we are nothing."

He added in a statement: "My philosophy has always been to surround myself with the best and brightest and that is what we have done."

That would make for one hell of a Christmas party - no doubt there were a few sore heads in the morning, eh?

Topics: Money, News, US News, Jobs

Lucy Devine