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Mark Cuban just announced he will give $35 million in bonuses to employees after selling a majority share in the NBA’s Dallas Mavericks franchise. This is considerably less than the $55 million Taylor Swift reportedly gave her employees at the end of her Eras Tour, but still a huge number.
Whether it’s a bonus or a paycheck, most of us can’t even wrap our heads around having that much money, let alone giving it to employees. But leaders don’t have to sign six- and seven-figure checks to make bonuses and benefits meaningful to employees.
You can show leadership and generosity without signing massive