"The employers thank the employees for their work."
Translation:De werkgevers bedanken de werknemers voor hun werk.
On its own, danken is not a verb in Dutch. You might be thinking of "Dank je", which is a fixed expression, short for "ik bedank je" (I thank you).
That's exactly what I was thinking of. I thought it was short for "Ik dank je." Thank you for the clarification.