Turkish food-delivery company Yemeksepeti has made a killing in sales. Even after the company's recent sale to Germany's Delivery Hero for $589 million, CEO and co-founder Nevzat Aydin isn't quite done spreading the wealth.
Early on Thursday, he announced plans to pay as much as $27 million to 114 employees -- that is, referring to the millions from profits Yemeksepeti shareholders won in the acquisition.
The individual bonuses average to about $237,000 per employee, depending on how long an employee has worked for the company, as well as his or her "future potential," as Aydin explains. The bonus, it's worth noting, is still around 150 times any staffer's monthly wage.
"No company is a one-man show," he tells Inc. "I believe in teamwork, and I believe success is much more enjoyable and glorious when shared with the rest of the team."
Earlier this year in May, Inc. had pointed to the Istanbul-based business as one to watch. The Old City itself was recently named one of the top five Global Cities of the Future, primarily for its young, educated, and tech-savvy populace.
Presently, Yemeksepeti is the biggest online delivery portal in Turkey. Since launching in 2000, it now clocks 3.7 million active users with 100,000 orders processed each day across Turkey, Qatar, Oman, Saudi Arabia, Lebanon, and the United Arab Emirates.
"For many, the amount they receive is life-changing," says Aydin. "Some are buying the car they always wanted, some are getting a home, and some are getting married. Being able to help them this way is extremely rewarding as a CEO and a leader."
In its early-stage funding, Yemeksepeti reeled in about $45 million from high-profile investors like the New York City-based General Atlantic and Endeavor Catalyst. Effectively, Aydin had hoped to bring Silicon Valley culture to the largely untapped potential of the Fertile Crescent.
"The biggest success of Yemeksepeti is to make people ask themselves, 'What was ordering food like before?'" explains Aydin, who will remain CEO in addition to joining Delivery Hero's executive board.
Certainly, giving your workers a bigger bonus than what JP Morgan employees received in 2014 is a success unto itself.