Montco Employees Get Share Of $20 Million From Company Founder

WILLOW GROVE, PA — Employees at a local business will receive an early holiday present this week.

Mark Baiada, founder of Bayada Home Health Care, will distribute $20 million to employees throughout his company, including those who work at the Montgomery County branch.

Employees will receive a letter this week with a note stating how much of the $20 million they will personally receive.

According to the company, the number will range from $50 for new employees to thousands for longtime employees.

"This gesture from Mark is a final element of Baiada’s Lasting Legacy succession plan, which will see the company transition to nonprofit in early 2019,organizers said in a statement. "This announcement is a heartfelt thank you to the employees who have helped to shape Bayada over the past 45 years."

Bayada's Montgomery County office is located on 630 Fitzwatertown Road in Willow Grove.

Image via Shutterstock