AirTrunk gifts workers a huge five-figure bonus – and it’s enough for a deposit for a house

An Aussie tech company has given hundreds of employees a $65,000 bonus, with the combined gifts worth a whopping $22 million.

Sydney-based data processing company AirTrunk awarded all of its 330 employees a cash boost ahead of a major deal with US asset management firm Blackstone this month.

The American company announced in September that it had acquired AirTrunk for a whopping $24 billion and AirTrunk rewarded its employees with wages to celebrate the acquisition.

More than a hundred senior employees are also part of a profit-sharing agreement with the company.

The $65,000 bonus is enough to pay a 10 percent deposit on a house in some parts of Australia, including Darwin, where the average price for a house is $589,166.

AirTrunk, which specializes in running large data centers to protect companies’ digital information, is no stranger to offering benefits to its employees.

Founder and CEO Robin Khuda paid for the plane tickets for most of his employees for a trip to Bali earlier this year to attend a business conference held at the holiday destination.

Employees took part in various activities as part of the ‘annual strategy meeting’, including assembling push bikes for a local charity.

Mr Khuda is one of Australia’s richest CEOs and is worth more than $1 billion.

The company, which operates 11 data centers in Australia, Malaysia and Japan, has several high-profile technology customers, including Google, Microsoft and Amazon.

Mr. Khuda, who founded AirTrunk in 2015, said he wants to grow the company into a $100 billion company.

‘We have always been ambitious. We are $24 billion. We only need to grow about four times to reach that level,” he said The Australian.

Mr Khuda said the company has forged strong ties with major technology companies after significant investments in cloud computing infrastructure.

“We took advantage of Covid, which accelerated the migration to the cloud,” he said.

“Now there is significant growth coming with AI, so we were in the right place and at the right time.”

The big tech companies will invest a massive $1 trillion over the next five years.

Mr. Khuda said AirTrunk will support their continued efforts to integrate cloud computing services into their businesses.

The company was criticized by the Australian Securities and Investments Commission for the August sale Australian Financial Statement reported.

The $20 billion sale was announced by AirTrunk’s previous owners, Macquarie Asset Management and PSP Investments.

Mr. Khuda was previously the CEO of mobile payments company Mint Wireless, but left the position after just six months.

He was also the founder and director of data center operator NEXTDC and also worked at Optus and Fujitsu when he started his career.