NEW YORK (CNNMoney.com) -- Employees of the Swedish furniture retailer IKEA can now go to work in two-wheel style.
All 12,400 U.S. IKEA employees walked away from work this week with a silver mountain bike, a gift the company says is a big thank you to workers for a great year.
"This is our way of saying 'thanks IKEA co-workers for being strongly committed to working together,' " Mike Ward, IKEA U.S. president, said in a statement.
The company does not give a holiday gift every year, and last year employees received a $50 restaurant gift card, IKEA spokeswoman Mona Astra Liss said.
IKEA said it hopes the bikes will help employees by supporting a healthy lifestyle and providing "everyday sustainable transport."
The bicycles were received "with incredible enthusiasm," Astra Liss said, adding that IKEA customers have responded positively as well after hearing about the gift.
As those who have bought a bookshelf at IKEA might expect, some assembly is required. Employees have to add the seat, pedals and one wheel to complete the process.
Not every business is celebrating a successful year the same way.
Despite record profits, some Wall Street banks are even asking employees to pay to chip in for their own holiday parties.
Only 79% of businesses were expected to throw a holiday party this year, according to a survey released last month by research firm Amrop Battalia Winston. That's the worst turnout since at least the 1980s.
Volkswagen is planning to start recalling millions of diesel vehicles in January, and the work will take a year to complete. More
Japan might be holding off on stimulus for now, but economists expect policies to change by the end of the month. More
For years, Microsoft has said that its Surface tablets would replace traditional laptops, but Tuesday it announced its first ever laptop: the Surface Book. More
Smarties, a Halloween candy staple, have been around for 66 years. Three Millennial women are revolutionizing it. More
The city council of the District of Columbia is weighing a new proposal that would mandate up to 16 weeks of paid family leave for family bonding or a serious personal or family medical issue. More