Staff at estate agency Savills will share out an £80m bonus after buoyant trading in 2005.
The property consultancy, which sells £1m-plus luxury homes, office blocks and hotels, said it had had an “exceptionally strong” December, despite reports of a dwindling property market.
The bonus will be split between 2,500 UK staff with 40 London agents expecting up to £300,000 each.
Chief executive Aubrey Adams said the 2005 profits would be “ahead of expectations” when the company’s final results are released in March.
Sign up to our weekly round-up of HR news and guidance
Receive the Personnel Today Direct e-newsletter every Wednesday
But employees at the property group were rewarded with a £79.4m bonus last year after beating profit targets in 2004.
The group’s annual profits for 2005 are predicted to hit £56m, up from £44.3m in 2004.