Owner of Croatian Company Kanaan Shows Employees His Appreciation

Lauren Simmonds

As Poslovni Dnevnik writes on the 22nd of February, 2020, all employees of the Croatian company Kanaan who take out a housing loan at a commercial bank this year will receive a five percent non-refundable subsidy from the company on the amount of the loan raised, there are also awards for best employees, scholarships for their children, and more.

Kanaan, a leading producer of chips in Croatia, whose factory is located in Donji Miholjac very near the border with Hungary, bought 32 laptops back in early February 2020. What makes this praseworthy is the fact that those laptops Kanaan purchased are intended for the children of the company’s employees, who are students of primary and secondary schools. The workers got the laptops as a gift from the company, for free. This, however, is only the beginning of the story, according to a report from Telegram.

All Kanaan employees whose children attend universities in Croatia are entitled to 1,500 kuna a month, no matter what they study. If they successfully complete their studies, they don’t have to return the scholarship money. Those who have enrolled in a mechanical or electrical engineering college with the intention of finding a job at Kanaan after graduation will receive 3,500 kuna per month.

Kanaan offers its employees the opportunity to continue their education or further training. In the amount of 20,000 kuna a year, the company will pay them the cost of enrollment, tuition and other expenses related to continuing education.

If an employee takes out a housing loan of, for example, 50,000 euros, the company will pay him 2,500 euros.

If a Kanaan worker needs to take out an emergency loan, he can count on his company for up to 15,000 kuna at a four percent interest rate, which is a legal obligation when it comes to borrowing. In the last two years, about thirty Kanaan workers have used this opportunity on various occasions.

Zvonko Popovic, the 100 percent owner of Kanaan, a company that employs 130 people with an average salary of about six thousand kuna a month, finally agreed to talk to Telegram about the benefits he provides to his workers, which for many Croatian employees seem like utopian fairy tales about the perfect company and the dream employer.

Popovic says that he didn’t do everything that his workers get to enjoy today in order to brag about it in the media, which is why he was so hesitant to discuss it publicly at all, but because he believes that, given the contribution they have made to the development and successful business of the company, they completely deserve such treatment.

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