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Valerie Peterson

50 ( x 100) Shades of Bonus Bucks

By December 12, 2012

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Fifty Shades of Grey book jacketIt's been widely reported this week that Random House awarded every one of its employees a $5,000 bonus, due in large part to the wild success of S&M novel, Fifty Shades of Grey, and its sequels, which were published by the Knopf imprint. Contributing to the RH banner year was also the bestselling Gone Girl, a mystery novel by Gillian Flynn, which supplanted Fifty Shades on the bestseller list back in September of this year.

It should be noted that awarding ad hoc employee bonuses is not typical of most trade publishing houses--which is what makes this $5,000 Random House bonus such big news in the industry.

Read more about the publishing success story of E L James' Fifty Shades of Grey.

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