{"id":2087,"date":"2020-11-18T13:20:16","date_gmt":"2020-11-18T20:20:16","guid":{"rendered":"http:\/\/localhost:10023\/?p=2087"},"modified":"2024-06-03T11:25:05","modified_gmt":"2024-06-03T17:25:05","slug":"melaleuca-awards-2-2-million-in-longevity-bonuses","status":"publish","type":"post","link":"https:\/\/www.melaleucanews.com\/melaleuca-awards-2-2-million-in-longevity-bonuses\/","title":{"rendered":"Melaleuca Awards $2.2 Million in Longevity Bonuses"},"content":{"rendered":"\n\n\t<p>Loyalty and longevity pay big dividends at Melaleuca. That’s what Melaleuca employees are saying after $2.2 million was handed out at a company meeting held online Wednesday. The bonus checks were presented by Melaleuca CEO Frank VanderSloot to 170 employees who reached landmark anniversaries working for <a href=\"https:\/\/www.melaleucanews.com\/about-melaleuca-the-wellness-company\/\">The Wellness Company<\/a> in 2020.<\/p>\n<p>Melaleuca’s unique Loyalty and Long-Term Contribution Bonus program rewarded 124 employees in Idaho and 46 employees in Tennessee this year. It pays $5,000 to all employees on a five-year anniversary, $10,000 at 10 years, $15,000 at 15 years, $20,000 net (which is a total payment of $33,000) at 20 years, $25,000 at 25 years and $30,000 at 30 years. This program is for all employees regardless of position, pay level, or status as full-time or part-time. An employee’s length of service is the only qualification.<\/p>\n<p>“I think it’s great that we’re going through life together,” VanderSloot said to employees. “It’s important to reward the people who have built Melaleuca, and this bonus serves as a token of our appreciation for their years of dedicated service.”<\/p>\n<p>Sixty-four employees received $5,000, 37 received $10,000, 36 received $15,000, 18 received $20,000, seven received $25,000, and eight employees received $30,000 bonus checks.<\/p>\n<h3>Over $30 million paid through this program<\/h3>\n<p>In total, The Wellness Company has paid $30,226,546 through the Loyalty and Long-Term Contribution Bonus program to employees since it began in 2007.<\/p>\n<p>Debi Croft, Melaleuca’s print production manager, was one of eight employees who received a $30,000 check for her service to the company.<\/p>\n<p>“This really is a dream come true,” said Croft. “Not only has Melaleuca taken extremely good care of me for three decades, but I’ve built a rewarding career here and had the chance to work with some of the best people in the world. I couldn’t ask for more from an employer.”<\/p>\n<h3>Retire as a millionaire<\/h3>\n<p>VanderSloot created the Loyalty and Long-Term Contribution Bonus program so every employee who spends their career with Melaleuca can have in excess of $1 million in the bank when they retire from Melaleuca.<\/p>\n<p>An employee would only need to take advantage of the company’s 401(k) matching program, invest the longevity bonuses, and achieve a modest rate of return on that investment.<\/p>\n<p>“It’s our goal that Melaleuca employees will retire as millionaires,” VanderSloot said. “Even the janitors will retire as millionaires if they simply follow our program.”<\/p>\n<h3>Forbes names Melaleuca a great place to work<\/h3>\n<p>In September 2020, <em>Forbes<\/em>\u00a0Magazine named Melaleuca one of America’s best companies to work for in its annual list of\u00a0<em><a href=\"https:\/\/www.forbes.com\/best-employers-by-state\/#579a8fd1487a\">America’s Best Employers by State<\/a><\/em>. The\u00a0<em>Forbes\u00a0<\/em>ranking was created after 80,000 anonymous surveys were completed by employees of large companies. Scores were tallied from a spectrum of categories, including work environment, compensation, benefits, and perks.<\/p>\n<p>Melaleuca’s Loyalty and Long-Term Contribution Bonus is just one of the many perks that Melaleuca offers. The Wellness Company also pays employees other incentives based on performance and productivity. Moreover, Melaleuca provides employees a strong benefits package that includes excellent medical insurance, tuition assistance, 401(k) with matching, free Melaleuca products, access to a company gym, and much more.<\/p>\n<p>To keep up with the soaring demand for Melaleuca’s health and wellness products, the company has added 1,333 employees to its workforce since Jan. 2020.<\/p>\n<p>To apply for available positions, candidates should visit\u00a0<strong><u><a href=\"https:\/\/melaleucajobs.com\/\">MelaleucaJobs.com.<\/a><\/u><\/strong><\/p>\n<h2>\n\t\tFeatured News\n\t<\/h2>\n\n","protected":false},"excerpt":{"rendered":"<p>In total, The Wellness Company has paid $30,226,546 through the Loyalty and Long-Term Contribution Bonus program to employees since it began in 2007.<\/p>\n","protected":false},"author":2,"featured_media":1976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[27,1],"tags":[],"class_list":["post-2087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-culture","category-news-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - 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