Mayiduo Rewards Top Employees At Interior Design Firm With Rolexes, Spends S$150,000
Comedian Mayiduo, otherwise known as Kelvin Tan, doesn’t just do comedy — he is also a business owner and evidently, a generous one.
His interior firm SG Interior KJ recently gifted employees with a total of seven Rolexes.
The 31-year-old shared a TikTok video of the employees buying Rolexes at Watch Exchange.
According to Mayiduo, the seven Rolexes cost a total of S$150,000, which means each Rolex costs around S$22,000.
Mayiduo gifts employees S$150,000 in Rolexes
The TikTok video uploaded on 29 Jan shows Mayiduo with several employees gathered at Watch Exchange in Far East Square.
@mayiduosg In this current age and time, if you are a boss who keeps all the profits for yourself, you will never go far. Take care your team and your team will automatically take care of your business. In year 2024, our company @SGInterior is fortunate enough to be able to reward our guys with a total of 7 rolexes this year, amounting to S$150,000. This is not a small sum of money to a SME like ours, but we believe in rewarding and sharing the profits with our people as a recognition of their hard work and contribution. A big shoutout to @Watch Exchange Singapore for helping us with the choosing and selection of the watches and the sibei good price! They carry the most number of rolexes in SG thats why we go there and choose ! We are also expanding in the year of 2024! If you have a passion for building aesthetic dream homes, DM me! #mayiduosg #tiktoksg #rolex
“In this current age and time, if you are a boss who keeps all the profits for yourself, you will never go far,” Mayiduo said in the caption.
“Take care your team and your team will automatically take care of your business.”
Source: TikTok
“This is not a small sum of money to a SME like ours, but we believe in rewarding and sharing the profits with our people as a recognition of their hard work and contribution,” he added.
Mayiduo explained in the video that those who hit their targets for the year will be rewarded with a Rolex as a token for their hard work.
“Doesn’t make sense for a boss to take all the profits,” he said.
Seven employees in total got to pick a Rolex for themselves. Mayiduo didn’t forget to get a Rolex for himself, too.
Source: TikTok
The watches that were picked cost between S$16,000 and S$32,000.
Source: TikTok
There was also a Rolex Daytona Godzilla Oyster which was listed at the price of S$32,500.
Source: TikTok
Commenters say they want to join his firm
A company that rewards its employees handsomely would naturally get many envious looks.
Several left comments asking if Mayiduo’s company is hiring.
Source: TikTok
Others also left praise for the boss for his generosity.
Source: TikTok
Some commenters asked how the S$150,000 adds up to seven Rolexes.
The answer is in the video itself — some of them cost around S$16,000, while others like the Daytona Godzilla cost S$32,000.
Company had profit margin of 16%
Speaking to MS News, Mayiduo revealed that his company had a profit margin of 16% in 2023.
He further explained that there are different target tiers.
“Top achievers get to choose S$30,000 watchers, the rest can choose S$15,000 watches. If they choose something that exceeds, they will need to top up the excess personally.”
Mayiduo also said that because they bought the watches as a bulk purchase, they got a “really good price”, which meant that top up was minimal for two of his employees.
Responding to questions about whether he is hiring, Mayiduo said that the firm is in fact looking to expand, and invited prospective employees to drop their resumes at hr@sginterior.com.sg.
However, Mayiduo also warned that behind the “glam aesthetic photos, luxury watches and cars” is a lot of hard work.
“This industry is hard work, so don’t apply thinking that it’s easy money, it’s definitely not,” he said.
Mayiduo isn’t the first boss to reward employees with expensive watches, though for an SME it is an impressive feat.
Last year, Paradise Group made the news for rewarding 100 long-service staff with Rolexes as well.
S’pore Paradise Group Rewards 100 Long-Service Staff With Rolex Watches, Gets Praise For Generosity
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Featured image adapted from @mayiduosg on TikTok.
