The founder of a Philadelphia home healthcare company said this week he's grateful for his employees ― and he showed them how much by dividing $20 million in holiday gifts among them.
"I'm taking $20 million, dividing it up and giving it to everybody," Mark Baiada, the chairman and founder of Bayada Home Health Care, a $1.4 billion private-nursing company, announced during a holiday luncheon for his staff Tuesday, reports CBS Philly.
"I wanted to show some gratitude to everybody for all the hard work you've done taking care of our clients."
The money was divided among the company's 32,000 employees, who got bonuses depending on their years of service. New workers got $50, and some longer-term workers got up to tens of thousands of dollars.
Retirees leaving the company after 2010 also got bonuses, Baiada told Yahoo Lifestyle.
“These are everyday people who work hard in a low-margin service business — I’m honored to work with them,” Baiada said. “I don’t go to patients’ homes much, but my employees are there every day.”
Baiada announced in 2016 that his business, founded in 1975 would be converted into a nonprofit, which opens in January.
Many of the employees had plans for their bonuses, telling Yahoo Lifestyle they are planning to spend the money on college tuition, new car tires, extra Christmas presents for their children, and even a trip to Ireland.
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Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics.
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