L.L. Bean Plans Employee Bonuses On Performance
L.L. Bean reported 2012 revenue of $1.521 billion, up from the previous year’s total of $1.517 billion. So the privately held Freeport, Maine-based company plans to give bonuses to about 5,000 full-time and part-time employees. The bonuses will be equal to 7.5% of an employee’s pay in 2012.