SUN Insurance Company Limited has declared an interim dividend totaling $104,166.50, which has been distributed to all its staff, reaffirming the company’s dedication to its workforce. During a recent announcement, Chairman Padma Lala commended the employees for their dedication and hard work over the past 25 years, emphasizing their vital role in the company’s success.
Lala noted, “It’s their passion and perseverance that propelled us forward and allowed us to reach new heights.” This marks a significant milestone as it is the first time that part of the Sun Insurance shareholder dividends has been shared with the entire workforce without the requirement of purchasing shares, reflecting the company’s generosity towards its employees.
The founding families of Sun Insurance have traditionally recognized the importance of employee contributions, previously allocating $5 million in shares as an employee trust long before shares were publicly issued. This initiative ensures that all employees benefit from the success of the company.
With 65 employees sharing in the dividends, Lala expressed that this initiative aims to cultivate a unified and committed team focused on the future prosperity of Sun Insurance. Eleni Adiyawa, the Underwriting manager, shared her joy regarding the announcement, stating that the employees are excited and grateful for the support from the company’s founders. The employees plan to use their payouts for holiday preparations and other family needs.
Thomas Naua, the General Manager of Operations, also expressed his gratitude, reflecting on his 25 years with the company. He acknowledged the ups and downs that the firm has faced, stating that the financial payout serves as a tremendous morale booster, particularly as it comes just before Christmas.
This thoughtful gesture not only highlights the commitment of Sun Insurance to its employees but also fosters a sense of community and appreciation within the workforce. Such proactive measures enhance employee loyalty and satisfaction, ultimately contributing to a stronger company culture.
In summary, the announcement of the dividend showcases Sun Insurance’s commitment to its employees, as well as the strong community and support fostered among its staff, particularly in light of the upcoming holiday season.
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