The owner of diamond export Hare Krishna Exports gave staff 1,260 cars, jewellery and 400 flats as a Diwali bonus

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During the festive celebration of Diwali, many employees in India receive a gift from their bosses – usually a box of Indian sweets. However, a diamond tycoon in India has rewarded his staff with cars and flats as a bonus for meeting targets just before Diwali. Savjibhai Dholakia, owner of diamond export firm Hare Krishna Exports in Surat, gave his employees 1,260 cars, 400 flats and pieces of jewellery.

The reward programme costs an estimated 500m Indian rupees (£6million) for its workforce of 5,500. According to the Guardian, Dholakia said the rewards were to recognise the outstanding dedication and performance by staff over the last five years.

“Our aim is that each employee must have his own home and car in the next five years. So we have decided to gift cars, homes and jewellery to employees,” he said.

Yet, this isn’t the first time Dholakia has gifted expensive gifts. According to reports, he’s been making headlines since 2012 when three staff received cars for their outstanding performance. Dholakia also gave 491 cars and 207 flats in 2014.

Stay tuned every Friday as we'll discuss new and innovative benefits that companies have implemented for employees. If your firm has recently introduced interesting staff perks, be sure to get in touch with by dropping an email to sonia.rach@reward-guide.co.uk