Type to search

Health Care News

Health care company founder shares $20M with workers

Share

(AP) — The founder of a home health care company has given about $20 million of his personal funds to his company’s workers.

The News Journal of Wilmington, Delaware, reports BAYADA Home Health Care founder Mark Baiada gifted the money this month to the company’s more than 20,000 workers.

The amount gifted to each worker was based on the worker’s lifetime earnings with the company. The amounts ranged from $50 for new hires to tens of thousands for those who have been with BAYADA for decades.

A company press release says the gifts are a result of the founder working to transition BAYADA into a nonprofit and reflecting on his gratitude for the company’s workers. Baiada says he wanted to thank the workers for taking care of the clients and each other.

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

Tags:

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Get the DBT Book of Lists

The definitive publication of contacts and key information from over 1,500 of Delaware's top businesses and organizations across 60 industries. 

No, thank you.

Free for a limited time! (Normally $50)

Stay updated with our free email newsletter

Keep up with the issues, companies and people that matter most to business in Delaware.

No, thank you.