The boss of Admiral will gift each his employees with a share of a £10 million retirement present.
Chief executive David Stevens co-founded insurance company Admiral with his wife Heather in 1991, and the company has become a huge international success.
Mr Stevens, who announced his retirement in March of this year, has revealed he will leave a multi-million pound retirement farewell gift, which will be distributed among its 7,500 staff in Wales and 3,000 overseas workers.
The parting gift means full-time staff will get £1,000, while part-time employees will receive £500.
Mr Stevens said he was "proud and fortunate to have worked with a such a special group of people".
"Saying thank you to all Admiral staff in this way is the right thing to do," he said.
"Their hard work and dedication has allowed Admiral to grow from a start-up to over 11,000 staff worldwide.
"And all of this while remaining a great place to work. Thank you from myself and my wife to everyone at Admiral."
Mr Stevens is following the example of fellow co-founder Henry Engelhardt, who also gifted full-time staff of more than one year with a £1,000 bonus following his retirement in 2016.
Speaking at the time, Mr Engelhardt said: "We are making this gift in recognition of the hard work and team spirit that has underpinned Admiral's success as we've grown from a start-up with value of £0 to a FTSE 100 company with a value of £5 billion ($6.5bn) today."
Admiral - which also includes Confused.com - was launched in Cardiff with a team of 57. The company now has offices in Swansea and Newport, with overseas sites in Spain, Italy, France, Canada, USA and India.
Mr Stevens is being succeeded as chief executive by Milena Mondini de Focatilis.
