Sharing the Wealth
updated 11/06/2000 AT 01:00 AM EST
•originally published 11/06/2000 AT 01:00 AM EST
The bonuses, which vary by seniority and position (some got as much as a year's salary), left most workers "just plain incoherent," says McLaughlin, 58. "I almost started crying," says chemical compounder Mark Hamilton, 37, a 16-year Butcher veteran.
"The employees earned those checks," says Butcher, 84, who inherited the business in 1951 and grew it into a company with sales of $75 million last year. Besides, says the former owner, a father of seven children by two marriages who lives in Boulder, Colo., with his wife, Jane, 56, "I have more money than I need. I feel happy to give it away."