Hermes rewards employees with a bonus nearly half the price of a Birkin

Luxury goods are having a moment. And Hermès? They’re crushing it.

The French company, famous for those super-expensive Birkin bags, just had a killer year. Sales are up, way up. What’s a company to do?

Reward its people, of course!

Bonus Time!

Hermès is giving each of its 25,000+ employees a bonus. How much? A cool 4,500 euros. That’s around $4,723.

Not bad, right?

“We are celebrating an excellent year, in a tougher environment,” said Executive Chairman Axel Dumas.

The numbers don’t lie. Fourth-quarter sales hit 4 billion euros. That’s $4. 1 billion. Overall revenue for 2024? A whopping 15. 2 billion euros ($15. 9 billion)!

Sharing the Wealth

Hermès isn’t keeping all that success to themselves.

The company said it’s committed to sharing the “fruits of growth. ” Hence, the bonus for everyone who makes it happen every day.

This isn’t a new thing. Hermès has been giving bonuses for at least five years.

About Those Birkins. ..

These bags are legendary. And pricey.

Think $11,000 as a starting point. But they can easily soar into the hundreds of thousands. One at Sotheby’s is listed for $220,000!

Remember “Sex and the City? ” The waitlists were insane. Years long. You’re better off going the pre-owned route, according to Vogue.

Want a brand new one? Get ready to build a relationship with a sales associate. And be patient. Very patient.

Almost There!

With this bonus, Hermès employees are getting closer to owning their own Birkin.

And who knows? Maybe they get employee discounts too. Lucky ducks!