LegalShield Announces Employee Profit-Sharing – Two Bonuses to be Paid Annually0
LegalShield today announced a new employee profit sharing plan that will pay bonuses to employees twice per year in July and December. Headquartered in Ada, Oklahoma, LegalShield is one of the largest employers in the area and provides legal services and identity theft protection to more than 3.8 million individuals in the U.S. and Canada.
(PRWEB) June 30, 2016 ADA, Okla. — June 30, 2016 — LegalShield today announced a new employee profit sharing plan that will pay bonuses to employees twice per year in July and December. Headquartered in Ada, Oklahoma, LegalShield is one of the largest employers in the area and provides legal services and identity theft protection to more than 3.8 million individuals in the U.S. and Canada. The company also has offices in Antlers and Duncan, Oklahoma; Richardson, Texas; and New York.
“We are proud to share the company’s success with our employees,” said John Long, senior vice president of people & leadership development. “We count on our employees to deliver best-in-class service to help us continue to succeed and grow and we want to reward them for their efforts.”
Voted one of the best places to work in direct marketing earlier this year by Direct Selling News, LegalShield employs more than 700 individuals in a wide variety of jobs from front line customer service providers to technical development. The average tenure of LegalShield employees is eight years and many have been with the company for more than 20 years.
Since 2014, when the new CEO, Jeff Bell, joined the company, LegalShield’s business has been steadily growing. The company’s membership production is up 23 percent, and members-in-force is up 13 percent to more than 1.58 million families. In addition to growing its membership, LegalShield has been expanding its product lineup with a strong focus on technology. In fact, this year the company will develop and launch more than a dozen new products and services.
“LegalShield has a history of innovation and it’s great news to hear how they are sharing the success of the company with employees,” said Oklahoma Gov. Mary Fallin. “CEO Jeff Bell is to be commended for continuing – and growing – the family culture that began with Harland and Shirley Stonecipher.”
In addition to profit sharing, the company offers competitive benefits including LegalShield and IDShield memberships at no cost, affordable health insurance with Blue Cross Blue Shield, dental insurance options with Delta Dental of Oklahoma, company paid basic life insurance for all family members with UNUM, and a variety of affordable voluntary benefits.
“Employees are excited about our growth and focus on technology and innovation,” Long continued. “It has created opportunities for our team members to develop new skills and grow in their careers.”