Idaho Falls, Idaho – Dec. 21, 2017 – Melaleuca CEO Frank VanderSloot sent a Tweet today announcing that Melaleuca employees will receive bonuses of $100 for every year they’ve been with the company. He then challenged all Idaho employers to share the wealth from the GOP tax bill and pass along the tax rate cut to those who built their businesses.
Melaleuca employees will receive bonuses of $100 for every year of service to the company, meaning that five-year employees receive $500, 10-year employees receive $1,000 and 20-year employees receive $2,000. Melaleuca has approximately 2,000 U.S. employees.
“We’re going to have more money in our pocket, and that means we can afford to give our employees more,” VanderSloot said. “I’m challenging all other companies in Idaho to do the same. We’re asking other businesses to step up because everyone is going to see more money in their paycheck. We wouldn’t have our companies without our employees. They mean everything to us!”
“Tax reform is going to help business,” VanderSloot said. “We are going to have more to spread around. We ought to share the savings with those who helped get us here. Some might not be able to, but most businesses should be able to afford $100 for each year an employee has worked for the company. But if they can’t afford it, they should at least do half.”
VanderSloot’s Tweet was shared immediately throughout the company, resulting in impromptu cheers as employees read the unexpected announcement.
“I am very grateful to work for such a generous company,” said Brian Muir, a seven-year Melaleuca employee. “What a great gift from Frank.”
These bonuses are in addition to the loyalty & longevity bonuses that Melaleuca pays all employees for reaching landmark anniversaries with the company. Last month, Melaleuca paid $2.8 million in longevity bonuses.