“We have the brightest minds in the business, and we want them to know that we value who they are and the amazing work they do.”
—Darren Jensen, President and CEO
|Company / LifeVantage Corporation
Headquarters / Sandy, Utah
Number of Full-Time Employees / 172 in the U.S., 220 globally
Year Founded / 2009
What makes your company one of the best places to work in direct selling?
At LifeVantage, we have a singular focus to all our decisions: “Will it better the lives of all involved?” If so, we are all for it.
That carries over into our relationships with one another. So, we are constantly innovating and looking for ways to empower our employees. We want to ensure that they are aware of their immense value—not just as employees, but as people.
What is your top priority when it comes to maintaining a great work environment?
Ensuring that each employee feels individually valued. We have the brightest minds in the business, and we want them to know that we value who they are and the amazing work they do. We find fun ways to recognize each other’s accomplishments, and look for unexpected ways to say “job well done.” Things like providing lunches, snacks, gift cards, notes, or unexpected gifts. We also provide challenges and rewards, which are opportunities for teams to be unified in something beyond their work. For instance we are currently offering a challenge for teams to meet their personal health goals.
What benefits do you offer to your employees?
I love talking about these. We have an insurance package that is superior to anything I’ve personally come across in my nearly three decades in the business—paying 90 percent of our employee’s insurance premiums, not just for them, but their families as well. We also offer unlimited time off as we firmly believe that a good work-life balance is essential to long-term happiness and growth. We provide opportunities to travel to beautiful destinations, tickets to major league soccer games, and a 401(k) with immediate employer match.
How does your company celebrate a job well done?
We celebrate our successes together. Whether as a team or as an entire company. We look to celebrate in the ways that mean the most to our employees. It may be an afternoon with their families at the movies (we like to catch the blockbusters right when they are released); visits to the local food trucks; catered lunch in the office; gift cards; and good old-fashioned thank you notes.
How does your company support team members in their personal and professional development?
We provide opportunities for our employees to attend trainings and seminars to add new skills to their repertoire and continue developing the skills they have. Because we value our employees as talented people, we want to help them progress. When we have openings, we look at our own talent first. We love providing opportunities for growth to our very own team.
How does your company give back to the community?
LifeVantage Legacy allows our distributors, partners, and employees to give back, both locally and internationally. We partner with global organizations that share the same commitment. In the past few years, we’ve hosted five home-building trips in Mexico; sponsored a trip to a remote area of Thailand to provide surgeries fixing child cleft lips, cleft palates and other facial deformities; and supported a variety of initiatives to provide a brighter future for children in our own communities. During one of our recent Elite Academies (distributor conventions), LifeVantage rallied to support hurricane victims in Texas, Florida and Puerto Rico. Our humanitarian efforts have become so engrained in our culture we have applied for our 501(c)3 status.
How do you develop and maintain trust between all levels of your company?
LifeVantage prides itself on and strives for transparency, not only financially but in all aspects of the business. The company also strives to keep its line of communication open and free flowing. We host regular, companywide staff meetings to report our progress and allow our employees to hear directly from our executive team. A key component to every staff meeting is the opportunity to ask any question that comes to mind. We want to celebrate our success together!
What is something new that you’ve added in 2018 to enhance your workplace?
One of the most notable adjustments LifeVantage has made to its benefits plan in 2018 is that its 401(k) employer match program is available to employees immediately upon hire. Additionally, employees become vested in one year’s time. LifeVantage covers 90 percent of the premiums for health and dental insurance for its employees and their families.