DALTON (CBS) — A money manager in western Massachusetts is giving his employees a big holiday bonus with instructions to spend it a way that boosts the regional economy. The Berkshire Eagle reports that Allen Harris of Berkshire Money Management in Dalton gave all 11 staff members $10,001 – and the only requirement is that they have to shop local.
Harris gave his workers a $2,500 bonus with the same emphasis on shopping small last year, the newspaper reports, but has quadrupled it in an effort to help keep other small businesses afloat amid the coronavirus pandemic.
Employees are asked to “go as ‘mom and pop’ as you can” when spending their bonuses, Harris told The Eagle.
Money manager Allen Harris has a reputation for going big. Last year, Harris gave $2,500 to each employee at his company, Berkshire Money Management, and told them to splurge on gifts from themselves and others, with one caveat: Shop local. https://t.co/g09pqhf7zy
— Berkshire Eagle (@BerkshireEagle) November 16, 2020
Dalton said his wealth management company has had a good year thanks to the strength of the stock market, and the fact that his businesses was deemed essential during the pandemic.
Read the full story from The Berkshire Eagle here.