Sun Insurance Company Limited has announced a significant interim dividend of $104,166.50 distributed among its entire staff, showcasing the company’s dedication to its workforce. During the announcement, chairman Padma Lala praised the vital role employees have played in the company’s achievements over its 25-year history.
Lala noted that this is the first time Sun Insurance has decided to share part of its shareholder dividends with all employees, without requiring them to purchase shares. He emphasized the longstanding commitment of the founding families to recognize and reward employee contributions, having previously allocated $5 million in shares to an employee trust even before public shares were issued.
The 65 employees of Sun Insurance will collectively benefit from the interim dividend, aimed at fostering a sense of unity and commitment within the team. Eleni Adiyawa, the Underwriting Manager, expressed her gratitude, stating that the payout will significantly help families during the holiday season.
Thomas Naua, the General Manager of Operations, reflected on his 25 years with the company, mentioning how the dividend payout serves as a morale booster and comes at a perfect time right before Christmas.
This generous move from Sun Insurance not only highlights the company’s appreciation for its employees but also promotes a positive work culture and strengthens employee loyalty, paving the way for continued success in the future.
In summary, Sun Insurance’s recent dividend distribution stands as a testament to the company’s commitment to its employees and community spirit, especially as they approach the holiday season. This initiative can be viewed as a model for other companies striving to cultivate employee engagement and appreciation.
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