Lotus Pharmaceuticals Inc (LTUS)

[olivernoyes]

"Salaries and related benefits increased $861,818 or 119.0%, which was mainly attributable to an increase in bonus for employees of approximately $885,000 in order to motivate our staffs and to ensure a stable and loyal work team for our long term benefit and success offset by a decrease in salaries paid to our employees of approximately $18,000 and a decrease in benefits for employees of approximately $5,000. We anticipate that our salaries and related benefits will remain at its current level with minimal increase in the near future."

Well, between showering them with bonuses and building them company apartments, I would certainly HOPE there's some motivation and loyalty! lol

$885k / (355 sales reps + 35 Admin) = an avg of $2,269 per employee in bonus.